Although the single currency has edged higher from yesterday's low of 1.4335 and consolidation with upside bias would be seen, a breach of 1.4446 is needed to confirm decline from 1.4580 has made a low there and bring further choppy trading inside the established range of 1.4218-1.4580, yield gain to 1.4520.  
  
On the downside, below 1.4335 would bring one more decline to 1.4295/00, however, pivotal support at 1.4264 is expected to remain intact.