Although euro's selloff after rising to a fresh 8-week high at 1.4305 yesterday signals further choppy trading below major daily resistance at 1.4339 (June '09) is in store, as aforesaid decline is viewed as a retracement of recent erratic upmove, loss of momentum should limit downside and bring rebound later.  
  
Above 1.4195/05 would indicate correction has possibly ended but above 1.4245/50 is needed to confirm and bring re-test of 1.4305.