Although euro's decline from 1.4956 to retrace the early rise from 1.4365 is likely to extend marginally to 1.4590/00, near term loss of downward momentum should prevent steep fall below there and 1.4550 would hold, yield a rebound later.  
Above 1.4660/65 would signal a temporary low is possibly in place and bring correction towards 1.4700/10 before prospect of a retreat.