Despite Friday's brief bounce to 1.4182 in late U.S. session, the single currency has retreated in European morning today, suggesting corrective rise from last week's 6-month low of 1.4029 has possibly ended and consolidation with downside bias would be seen, however, breach of 1.4086 needed to confirm recent decline from 1.5145 has once again resumed for re-test of said temporary low later.  
  
On the upside, only a breach of 1.4220 would risk stronger retracement to 1.4268/79 before prospect of another selloff.