Despite euro's resumption of recent downtrend to a fresh 6-month low of 1.3930 in Asia, subsequent rebound suggests a minor retracement has taken place and consolidation with upside bias would be seen, however, 1.4106/11 res area should cap upside and yield retreat later.  
  
On the downside, pullback would be limited and only a breach of 1.3930 would abort near term bullishness and signal recent decline has once resumed for further weakness to 1.3890/00.