Despite euro's recovery after falling to a marginal low at 1.5540 yesterday, the price action from there looks corrective and as long as 1.5610/20 holds, decline from the record high at 1.6020 should resume for a re-test of said support and then towards 1.5510.  
On the upside, above 1.5610/20 would indicate a temporary low has been formed and bring retracement to 1.5650/60 but resistance at 1.5694 should hold.