Although euro's upmove from last week's low at 1.2513 to retrace recent decline has resumed and marginal gain above 1.2990/95 cannot be ruled out, near term loss of momentum should prevent strong move beyond resistance at 1.3095 and yield retreat later.  
On the downside, only below 1.2870/75 would signal temporary top has possibly been formed and bring pullback towards Australian low at 1.2764.