Currently @ 1.6405. The cross has made a valiant effort to head higher and currently shows a rectangle pattern which is bullish. The target is the 1.6450 and the R4 (1.6442) If we have broken out of the trend wall expect a move towards the 1.6500. The trendline may be tough to break on the first pass since it is also the .382 Fibo then here is strong resistance there as well.
