We have important news coming up TODAY, including US Unemployment claims.
Any bad or good news may push the currency pair accordingly.
While on the weekly chart we remain bullish, i am hesitant due to the strong resistance of 1.5060-80+ and the 1100 line for the S&P 500.
A failure to overcome this may encourage the bears to commence attacks on 1.5000 and after which the 1.4967+ area.
Volume may be thin after London’s closure as there is a bank holiday in US.
11PIPS WITH ROKOKSALEM
BUY : 1.4987 ET /TP: 1.4998 SL: 50PIP