Despite euro's brief rise to 1.4900 yesterday, subsequent retreat suggests further choppy consolidation inside the established range of 1.4800-1.5049 broad range would continue, pullback to 1.4875 and possibly towards 1.4833 cannot be ruled out, however, said lower level should remain intact and bring rebound later.  
  
On the upside, only a firm breach of 1.5000/17 would signal medium-term uptrend has finally resumed and bring re-test of this year's high of 1.5064.