The single currency rallied in European morning, suggesting the correction from 1.4407 has indeed ended earlier at 1.4177 last week and above said level would confirm upmove from 1.2459 has resumed and bring subsequent re-test of this year's high of 1.4448 and then toward 1.4500.  
  
On the downside, only below 1.4290 would signal an intra-day top is made and may bring pullback to 1.4248/50, however, 1.4177/91 support area is expected to remain intact.