The Euro failed to break 1.4200 on yesterday then declined and got below 1.4100, in the 1.4090 area where it is seen now. Support starts at 1.4080 and it is followed by 1.4060 and 1.4000. Resistance emerges at 1.4110 followed by 1.4140 and 1.4200. Daily momentum is still positive but if the Euro continues the downward move started 4 days ago, it will signal a daily reverse. Hourly sentiment is bearish. The Euro sits on a fragile ground and it has to confirm the development of a good support in order to return into the 1.42 area. If 1.4080 breaks, we expect the Euro to aim towards the lower half of the 1.4 zone. Current quote is 1.4092 @ 06:20 GMT