If the price will remain at current level and climb above 1.55, it could signal that it intends to rally higher, possibly as an Aggressive C entry scenario for the red pattern shown in the chart.
If the price will decline lower towards 1.535, it will complete a pattern that will also be a trading scenario only that in this case, the target level will be 1.55 that will remain a strong weekly and on top of it, we will have the broken channel's lower as additional resistance.
These are the two scenarios I'm looking at towards next week and it all depends on where the price will open in relevance to the 1.55-1.56 structure zone
This analysis is part of this week's Weekly Markets Analysis newsletters - http://goo.gl/AGTYS1
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