Is This a False Signal?

The double bottom pattern that formed on the daily EUR/USD time-frame proved to be valid after the pair started moving to the upside, pushed by the announcement that the US Federal Funds rate will remain unchanged for now. 

The pair climbed with 160 pips for the past two days and eventually bounced off the resistance at 1.1120, forming a shooting start candlestick on the daily time-frame. That candlestick might prove to be a false signal however, because EUR/USD is once again testing the resistance at 1.1120. Should it succeed in breaking above that level I expect a further move to the upside towards 1.1160, which is (MA)89 on the same time-frame, and a breakout above that will likely lead to another climb to 1.1200.