Although euro's rebound from 1.4007 signals this week's selloff from 1.4305 is being retraced, reckon upside would be capped below previous resistance at 1.4195 and yield another fall later, however, a breach of 1.4007/14 is needed to extend weakness to 1.3950/60.  
  
On the upside, above aforesaid resistance at 1.4195 would yield gain to 1.4230/40 but 1.4305 should remain intact, bring further choppy trading inside the broad established range of 1.3748-1.4339.