Despite yesterday's intra-day rally from 1.2772 to 1.2903, subsequent selloff to 1.2792 suggests price would continue to 'gyrate' inside previous 1.2734-1.2923 range before recent decline from 1.3334 resumes next week.  
  
On the downside, below 1.2734 would defer the bullishness of euro and bring stronger retreat to 1.2676/80.