The spot rate broke the upper limit of its medium term bearish channel at 1.4320 resulting in an acceleration. It now seems to initiate a pull back on these levels before a resumption of bullish.
According to previous events, the market indicates a bullish opportunity on the levels of 1.4320 with a 1st objective of 1.4420, then 1.4470. A break in 1.4290 would invalidate this scenario.