Euro's breach of yesterday's 1.3342 resistance signals recent erratic upmove from last week's low at 1.2885 has resumed and further gain towards 1.3440/50 is now envisaged, however, overbought condition should prevent sharp move beyond 1.3500 and risk from there has increased for a retreat later today.  
  
Below 1.3260/65 would indicate a temporary top has been formed and bring correction to 1.3235, then 1.3200 but previous resistance at 1.3167 should contain weakness....