Yesterday's rally above daily major resistance at 1.4339 (June '09) confirms the uptrend from this year's low at 1.2457 has finally resumed and above 1.4445 would bring further gain to measured objective at 1.4475, however, overbought condition should limit upside to 1.4500 and risk has increased for a retreat later.  
Below 1.4339 (now support) would signal a temporary top has possibly been formed and risk correction to 1.4270/80 before up.