Despite yesterday's resumption of recent decline to 1.4045, euro's subsequent rebound from there suggests a temporary low has been formed and consolidation with mild upside bias is seen for gain towards 1.4200, however, reckon 1.4250/55 (previous support) would hold and yield a retreat later this week.  
  
On the downside, below 1.4045 would extend the fall from this month's top at 1.4448 to daily support at 1.4007 and then towards 1.3960/70 before prospect of a recovery.