As apparent on the chart, the exchange rate is trading near given channel line. From a theoretical point of view, a reversal north should occur in the nearest future. An important to look out for is the Fibonacci 23.60% retracement at 76.71.
By the large, it is expected that the currency pair targets the upper located in the 83.50/85.00 range.
However, technical indicators suggest that this advance might not be immediate, and the pair could re-test the lower channel line.