The first obstacle will be breaking thru the 1.1250 area. There are sellers waiting at the 1300 level as well from there we may bounce off slightly before continuing up.
Important fundamental data to watch this week will be
1. U.S ISM and PMI surveys this week
2. NFP report
3 Fed speakers, Lacker, Evans, Kashkari, Fischer Master, Brainard, and George are all scheduled to speak this week