Euro's rise from yesterday's low at 1.5285 is viewed as a retracement of recent decline and consolidation with upside bias remains for further gain to 1.5480/90 but overbought condition should cap upside below 1.5530 and risk has increased for a retreat later.  
On the downside, below 1.5390 would bring pullback to 1.5340/50 but aforesaid support at 1.5285 should remain intact.