Euro's retreat after yesterday's rally to 1.3395 suggests minor consolidation is in store but price action from there is viewed as a minor retracement of the rise from 1.3090 and as long as 1.3245/50 holds, upside bias remains for another upmove and above aforesaid resistance at 1.3395 would extend gain to 1.3420/30.  
  
Below 1.3245/50 would indicate top has been formed and risk stronger correction to 1.3180/90 before prospect of a rebound.