Euro has risen above the 'psychological' 1.5000 level for the first time in 14 months and above 1.5047 would bring one more rise to 1.5090/00, however, anticipated loss of upward momentum should prevent strong gain beyond there risk has increased for a long-overdue correction later today or tomorrow.  
  
On the downside, below 1.4900/10 would signal temporary top is in place and bring retracement towards support at 1.4829.