Yesterday daily candle closed above horizontal resistance at 1.5447.


This is bullish sign. So I will monitor price action now round that support and look for long entry. Upper Bollinger band was not touched or broken up, so this could mean that we still could go up a bit and then retrace back to support.
On the other side, bears are looking where 200 EMA = green line is and they could take this as a short signal and short it from there. 200 EMA means fair market value.
If we check 4h chart, I see another option for bulls if price will move bellow 1.5447 support again. They could look for long entry at blue marked level, role reversal.

Today we still have few red news in US, there is no red UK news in future 24 hours.

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