The single currency retreated after extending yesterday's rally to 1.3562 in Asia, suggesting sideways trading would be seen, however, as long as 1.3438 (previous minor resistance, now support) holds, intra-day upside bias remains for upmove from 1.3267 to bring re-test of 1.3562/70 resistance area, however, reckon 1.3620/21 should remain intact.   
  
On the downside, below 1.3438 would signal the corrective upmove has possibly ended and breach of 1.3384 would confirm and bring weakness to 1.3330/40.