Wave summary:
We have seen the expected peak near 1.6636 (the high has been seen at 1.6634) and we are currently looking for a corrective decline to at least 1.6348 and possibly even closer to 1.6171 before pushing higher again towards the next major target seen at 1.6969.
R3: 1.6969
R2: 1.6744
R1: 1.6634
Pivot: 1.6550
S1: 1.6440
S2: 1.6348
S3: 1.6171
Trading recommendation:
We took profit at 1.6620 for a nice 470 pips gain. We will buy EUR again at 1.6185.
