The wave iv correction from 1.6823 is still unfolding and has as a low tested 1.6611 just above the ideal 1.6604 target. As long as minor resistance at 1.6700 protects the upside we could still see a move closer to the ideal target at 1.6604, but I do think wave iv is in place with the test of 1.6611 and that we soon will see a break above 1.6700 for a new test of 1.6823 and above towards at least 1.6840 and likely even higher towards 1.6974 in wave v.
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