Yesterday's strong rebound after marginal weakness to 1.4683 signals the decline from 1.5064 (14 month-high made earlier this week) has formed a temporary low there and consolidation with upside bias is seen for further gain towards 1.4900 but only a firm breach of 1.4928 would indicate aforesaid fall has ended.  
  
On the downside, below 1.4760/70 would yield weakness to 1.4715/20 but breach of latter lvl is needed to indicate correction is over and bring re-test of 1.4683.