The single currency retreated strongly from 1.4675 to 1.4561 in European moring, suggesting further choppy trading would be seen, however, as long as 1.4526 sup holds, consolidation with upside bias remains, however, breach of 1.4675/80 needed to bring further gain to 1.4725.  
  
On the downside, breach of 1.4526 would extend corrective fall from 1.4845 to 1.4490/94 but 1.4426 would remain intact...