Although euro's decline from last Thursday's high at 1.4407 has resumed in part due to cross selling versus yen and further weakness towards previous support at 1.4200/05 cannot be ruled out, broad outlook is consolidative and anticipated oversold condition should limit downside, yield rebound later.  
  
On the upside, above 1.4340/50 would indicate the correction from 1.4407 has ended and bring re-test of said resistance later.