Although the single currency has remained under pressure after retreating from yesterday's high of 1.2811, if our broad consolidative is correct, pivotal support at 1.2662 should hold and yield rebound, however, above 1.2811 is needed to bring further gain to 1.2900 but reckon 1.2992 resistance would hold from here.  
On the downside, a breach of said support would signal correction from 1.2513 has indeed ended earlier at 1.2992 and yield weakness to 1.2547.