The single currency rose briefly to a fresh year's high of 1.4843 and then retreated, suggesting minor consolidation would be seen ahead of Fed's FOMC statement and as long as 1.4703 (previous resistance, now support) holds, medium-term uptrend should resume for further gain to previous daily resistance at 1.4867 and possibly towards 1.4900/10, however, loss of upward momentum should cap price at 1.4950/53.  
  
On the downside, a breach of 1.4703 would signal a temporary top is in deed made and bring correction to 1.4650/60, however, key daily support at 1.4611 is expected to remain intact.