Despite yesterday's rally to 1.4580, the single currency retreated to 1.4473 on profit-taking taking ahead of today's ECB rate decision, suggesting further choppy consolidation would be seen, however, as long as 1.4428/30 holds, bullishness remains for erratic upmove from 1.4218 to retrace decline from 1.5145 to resume for re-test of said resistance, above would bring marginal gain to 1.4591/94 but reckon 1.4630/33 would cap upside.  
  
On the downside, only a breach of 1.4428 would signal the correction has made a top and bring weakness to 1.4335 and then 1.4300/01.