The single currency extended yesterday's selloff to as low as 1.4614, holding just above previous daily supprt at 1.4611, and then staged a rebound, suggesting corrective decline from this year's high of 1.4845 has possibly formed a temporary low there and choppy consolidation would be seen ahead of G20 meeting, however, said resistance should remain intact today.  
  
On the downside, below 1.4611/14 would bring a stronger retracement of recent uptrend to 1.4511.