Despite yesterday's brief drop to 1.2485, the single currency rallied today as investors continued to close long-dollar positions ahead of the release of U.S. non-farm payrolls data, suggesting further choppy trading above this week's low of 1.2457 would be seen and retracement to 1.2811 cannot be ruled out, however, res at 1.2992 should remain intact and yield selloff later.   
On the downside, below 1.2584 would indicate correction is over instead and bring possible re-test of 1.2457.