Although euro has retreated after rising marginally above 1.4910 to 1.4918 yesterday and minor consolidation is seen ahead of the release of U.S. non-farm payrolls data later today, loss of upward momentum should cap price well below 1.4980/85 and yield a much-needed correction later.  
  
On the downside, only a breach of support at 1.4811 (yesterday's low) would signal the upmove from 1.4626 has formed a temporary top and bring retracement to 1.4750/60.