The single currency tumbled to a fresh 10-month low of 1.3283 after yesterday's breach of 1.3433 support (now resistance, suggesting medium-term downtrend from last year's high of 1.5145 would extend further weakness to 1.3240/45, however, loss of downward momentum should prevent steep decline from there and reckon 1.3200 should contain downside and yield a much-needed minor correction later.  
  
On the upside, only a breach of 1.3433 would signal a temporary low is made and bring stronger retracement to 1.3480/88.