Although euro has retreated after rising to a multi-month high yesterday at 1.4246 and minor consolidation is envisaged, this move is viewed as a retracement of recent upmove and reckon 1.4070/80 would limit downside, yield another rise but above said resistance is needed to extend gain towards 1.4300.  
  
Below support at 1.4074 would signal temporary top is made and risk correction to 1.4010/20 before prospect of a rebound.