Wave summary:
We continue to look for more upside pressure towards 1.6999 and 1.7102, and a break above the later resistance will accelerate the upside towards the next targets seen at 1.7470 and 1.7777.
Support is now seen at 1.6843 and is expected to protect the downside for a break above 1.6945 on the way to 1.6999 and above.
R3: 1.7102
R2: 1.6999
R1: 1.6946
Pivot: 1.6843
S1: 1.6806
S2: 1.6778
S3: 1.6743
Trading recommendation:
We are long EUR from 1.6790 with stop placed at 1.6775.
