The single currency rebounded after last Friday's selloff to a 8-month low of 1.3585, suggesting few days of consolidation would be seen and minor retracement towards 1.3742 resistance cannot be ruled out, however, reckon 1.3772 should cap upside and yield resumption of decline later.  
  
On the downside, below 1.3585 would extend weakness to 1.3515/20, however, oversold condition should limit decline to 1.3480/84 and bring minor correction later.