Euro's intra-day retreat after rising to a marginal high at 1.3071 suggests a temporary top has possibly been formed there and breach of 1.2914 (previous resistance, now support) would confirm, bring a retracement of the near term upmove from 1.2706 to 1.2840/50.  
On the upside, above 1.3071 would extend aforesaid rise to 1.3120/25 before prospect of a pullback due to weakening of upward momentum.