With current candle registering higher low and rebounding from the 38.3 Fibonacci Level and as per Elliot wave
analysis this could possibly be a Wave 3 which would at least hit 1.51943 in the medum term.
In the long term, this could go up-to Fibonacci expansion
level of 100% at 1.63988.
Please note: The analysis that I make are for my own journal. Please do your own analysis before taking trades.