Euro failed again to extend gains above 1.2770 strong resistance area, and is giving up part of recent gains still in range around 1.2730. Still slightly bullish according to hourly indicators, yet losing momentum, the downside seems limited by 1.2700/10 level: break below that level should signal another approach to static 1.2660 support zone. Stops should be gathering under that level, suggesting a move even lower could trigger a quick sell rally towards 1.2600/20 price zone.

At least a candle opening above 1.2770 is needed to see some upward continuation movement towards 1.2810/20 zone.

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