Although euro's selloff to 1.2830 (Aus) confirms the strong upmove from 2010 low at 1.1876 has formed a top at 1.3334 (Fri), intra-day rebound suggests a retracement to 1.2940/44 cannot be ruled out but as long as 1.2970/80 holds, another decline is seen.  
  
On the upside, only above 1.3031 resistance signals a low is made.