Low 1.38XX will decide if EUR/USD had a fake breakout or not

If the low 1.38XX region holds, then the breakout may be 'real' provided price manages to break and hold above the 1.4000 level. If it holds, this would be a nice opportunity for a possible long as well. Stops would be placed below the red trend line.

NOTE: If this idea 'unfolds' and ends up being true, it will void my other analysis regarding EUR/USD short from mid 1.39XX region