The spot rate is testing its short-term horizontal support at 81.50. However a break of these levels would entail a return to the lower limit of its medium-term bullish channel to 81.20.
According to previous events, the market indicates a bullish opportunity on the levels of 81.20 with a 1st objective of 81.90, then 82.20. A break in 81.00 would invalidate this scenario.