As expected the Cross finally broke out of the wedge and took out the resistance @ 1.6066 and has moved to the R5 target @ 1.6130. WE should expect a pullback here and then a run at the 1.6166 resistance. Sitting currently just above the .786 fibo from the day chart. Should the cross decide to take a run at the bottom target would be a return to 1.5986.. Looking for an upward move to continue to the 1.6166 resistance. A double top would be 1.6308
