The single currency extended the upmove from last week's 10-month low of 1.3267, suggesting a retracement of recent decline remains in progress n further gain to 1.3574 cannot be ruled out, however, reckon 1.3608/21 area should cap upside and yield strong retreat later.  
  
On the downside, below 1.3419 (Asian low) would signal a top is made and bring pullback towards chart support at 1.3347 (last Friday's New York support).