AUD/USD Breakout Or Fake Out?

AUDUSD has broken above previous resistance at 0.74780 and now pulled back. The question facing discretionary traders now is whether this is a pullback or a fakeout and reversal. Price is still holding above the inner trendline, however to confirm the trend is still in place I’d like to see the 0.75465 level broken above (yesterdays high).

1H Chart

Price is currently holding support at the fibo golden pocket and the inner trendline. If this breaks we will look for downside into previous support at the recent lows / outer trendline around the 0.73800 level.