The single currency retreated after yesterday's marginal rise to a fresh year's high of 1.4768 and consolidation would be seen, a breach of 1.4642 support is needed to confirm recent upmove has formed a temporary top there and bring a correction to 1.4600, howevr, support at 1.4561 is expected to remain intact.  
On the upside, a breach of 1.4768 may bring one more rise to 1.4790, however, loss of upward momentum would cap price at 1.4826 today.