The single currency fell sharply after meeting renewed selling at 1.2900 yesterday, suggesting correction from 1.2513 has possibly ended earlier at 1.2992, however, a daily close below 1.2662 pivotal support is needed to confirm and yield further weakness to 1.2600 and possibly twds 1.2557 but said low should hold on 1st testing and bring choppy trading.   
On the upside, a rise above 1.2764 would yield stronger retracement of aforesaid decline to 1.2790/95 and then 1.2830/31 would cap upside.