On the weekly we have broken structure by breaking the previous lower high. We have also retested and rejected the 1.6300 key level which has been confirmed with a daily of this key level.
Zooming in on the hourly, price is currently trading above the 50ema after retesting the 50% fib level. with my bias long I would prefer an entry if price decides to create a new high.
I would be targeting 1.67669 with my stop loss being placed below the higher low at 1.63717.