The single currency rebounded in European morning today on short-covering on speculation that EU Council may be working steps to help Greece, suggesting a temporary low has indeed made last Friday at 1.3585 and few days of consolidation would be seen, however, upside should be limited to 1.3772 and bring another selloff later.  
  
On the downside, below 1.3641/43 would confirm recent downtrend from last year's high of has once again resumed and bring re-test of said low.