As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.661.
As short term forecast is downtrend too, so there is an expectation to reach the following targets:
TP1: S1=1.657.
TP2: S2=1.655.
TP3: S3=1.653.
TP4: To follow the trend, set an order without takeprofit (free trade) and while short term forecast remains unchanged, keep it open.
Set the stoploss of these orders at breakout of R2=1.6625.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.6625.
In this situation, there is an expectation to reach the target R3=1.671.
Set the stoploss of reverse orders at breakout of R1=1.661.