Euro's intra-day retreat suggests further consolidation below last Friday's high at 1.4377 would continue with downside bias for a retracement of recent rise from 1.4045 to 1.4250/60 and then towards support area at 1.4200/09, however, break there is needed to retain bearishness for further fall towards 1.4173 (previous resistance).  
  
On the upside, a firm breach of 1.4377 would indicate aforesaid upmove has resumed and bring further headway to 1.4400 and possibly for re-test of this month's top at 1.4448.