We're seeing some really clean price action after a break of the 83.00 handle, with price making lower highs and lower lows.
The Waves throughout the higher and lower timeframes are aligned.
If this does play out it'd form a pattern, which I have seen recently also on EURUSD . These are reliable patterns and hold significant psychological value.
My thesis is marked on the chart, and of course, if price action confirms a change in direction this idea is flawed.