The pair is currently testing the upper limit of the bearish channel medium and its triangle of short-term in 81.50. A break of this area would release a significant potential and begin an upward trend.
According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 81.50 with a 1st objective of 82.00, then 82.30. A break in 81.30 would invalidate this scenario.
