$EURUSD breaks out

Currently we are at 1.4467 and have just broken out of the Day chart trend line to the north.   The target is the  1.618 Fib extension @ 1.4576 with a major resistance just in front of it.   The big  target is theR6 at the 1.4700 are in the next week or so.  Should it be a false breakout look for a return to the 1.4400 area.

eurusd-WS28b.jpg