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1.66 Refined sale: http://i.imgur.com/kgYZhqd.gifv
Classifieds: http://i.imgur.com/uhrcaXy.png
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Yes.
I'm not so sure that a single sale, especially a non-unusual item, is enough to warrant a price chance.
It is enough.
The current market suggests 1.66 is the correct price.
There are tons of quickbuying bots at the current price suggesting it is indeed nothing but a quickbuying price. Everyone who is selling the item is selling it for 1.66 and it sells for 1.66.