Has the EUR/USD set a potential interim double top in place at 1.1711?

On Thursday last week the EUR/USD peaked at 1.1711. The drop back to 1.1669 was then followed by another high on Friday, again at 1.1711. The price action since then has been rather indeterminate, but so far today the EUR/USD has remained inside that 1.1669-1.1711 range. 

Sooner or later it will break one side or the other and given the breakout above the 200 day moving average (then at 1.1630) last week, it is a little surprising it has not extended the move, given what got it there in the first place. That said, we could account for that by the fact that longer-term US yields have rebounded since the Fed stepped in on Tuesday and sent the US dollar lower, when they bought US Treasury bonds. 

Right now it seems like the Fed might have to step in again and if they do then perhaps the EUR/USD will take out that 1.1711 level. Right now though, it looks like a fall below 1.1669 could extend back towards the 200 day moving average breakout seen last week. That 200 day moving average is rising slightly and in place this morning at 1.1632. The low seen so far today has been set at 1.1671. The  EUR/USD is right now at 1.1675