The spot rate approaches the upper limit of its medium-term bearish channel at 83.30. A break of these levels would free up 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 at 83.30 with a 1st objective at 83.80, then 84.10. A break of 83.10 would invalidate this scenario.