Euro's current selloff signals last week's rise from 1.3806 has indeed ended at 1.4178 and downside bias remains for weakness towards pivotal support area at 1.3793-1.3806, however, break there is needed to retain bearishness and signal decline from 1.4339 top to retrace recent upmove has resumed for further fall towards 1.3739 (previous resistance, now support) and 1.3700 which is likely to hold on first testing.  
  
On the upside, recovery should be limited to 1.3935/40 and only above 1.4000 would prolong choppy trading and bring another bounce towards 1.4050/55...