The single currency rebounded strongly after finding renewd buying at 1.4256 in part due to renewed cross buying in euro versus the Japanese yen, suggesting correction from last week's high of 1.4407 has possibly ended there, however, breach of said level is needed to confirm uptrend from 1.2459 has resumed again and yield re-test of this year's high of 1.4448.   
  
On the downside, only a breach of 1.4256 support would risk stronger correction to 1.4200/05...