The spot rate broke the intermediate resistance of its medium-term bearish channel at 1.4190 leading to an acceleration. A pull back on these levels is expected before a resumption of bullish.
According to previous events, the market indicates a bullish opportunity on the levels of 1.4190 with a 1st objective of 1.4300, then 1.4340. A break in 1.4160 would invalidate this scenario.