Yesterday's breach of 1.3860 support signals recent upmove has indeed formed a top at 1.4051 earlier and consolidation with downside bias is seen for correction to 1.3770, however, near term o/sold condition would limit downside to 1.3715/20 and reckon 1.3650/60 would hold and bring a strong rebound later today or tomorrow.  
  
Above 1.3960 would indicate low has possibly been formed but only a break of 1.3996/1.4005 resistance area would confirm correction from 1.4051 has ended...