The single currency maintained a firm undertone after rising to 14-month high of 1.4968, suggesting medium-term uptrend from 1.2329 remains in progress and marginal gain above there is likely, however, loss of upward momentum should cap price at 1.5000 and bring a much-needed minor correction later.  
  
On the downside, only a breach of 1.4874 would signal temporary top is made and bring pullback to 1.4839 but renewed buying interest should emerge above strong support at 1.4799.