Euro's uptrend has once again resumed in line with the dollar's weakness across the board and further headway to the 'psychological' 1.5000 level and then 1.5040/50 is envisaged, however, near term loss of upward momentum should limit upside and risk has increased for a much-needed correction to take place later.  
  
On the downside, below 1.4895/00 would signal temporary top has been formed instead and risk retracement towards support at 1.4829 (yesterday's low).