Wave summary:
We have seen the expected break above 1.6451 for a continuation higher to 1.6690 and 1.6850 as the next upside targets. Support is now seen at 1.6451, which should be able to protect the downside for the expected continuation higher.
R3: 1.6618
R2: 1.6626
R1: 1.6572
Pivot: 1.6510
S1: 1.6485
S2: 1.6451
S3: 1.6438
Trading recommendation:
We are long EUR from 1.6365 and will raise our stop to 1.6425. If you are not long EUR yet, then buy near 1.6451 and use the same stop at 1.6425.