Although euro's breach of 1.4649 (yesterday's high) signals the upmove from 1.4440 has once again resumed and further gain towards 1.4700 cannot be ruled out, loss of upward momentum should cap price well below 1.4750 and yield a correction later.  
On the downside, below support at 1.4574 (yesterday's New York low) would signal a temporary top has been formed and bring retracement to 1.4530.