Euro has rallied again on the back of renewed selling in dollar across the board and recent upmove from this month's low at 1.2457 should extend towards chart resistance at 1.3801, however, loss of upward momentum would prevent strong gain beyond there and risk has increased for a much-needed correction to occur later.  
Below 1.3616 would signal temporary top is possibly made and bring retracement to 1.3540/50 before prospect of another rise.