It has since been failing to break back past this new found resistance, and on the weekly chart a Golden Cross looks set to take place, giving further catalyst for continuation.
If sentiment for the dollar continues as it is, we could expect a nice long opportunity at this point towards the level, which also happens to lay just below the 1.15 . A stop loss just below parity here would give you an excellent 10:1 Reward:Risk ratio!
For those of you feeling particularly ambitious, the level happens to lay on the 1.4000 Monthly support. Good luck!