For now, let's track the impulse higher.
It appears we are still in an extended wave 3 (or we just finished it). Though a set back might penetrate the black support , we are anticipating prices to hold above 1.3430.
Below 1.3430 and we'll need to reassess the wave picture.
To the upside, 1.3650 would be a first target with higher levels up to 1.3850 possible if the extension continues.
Read more here.