The pair has formulated a nice good pattern. So whatever the Pattern name is,the most important thing kindly keep watching level 83.700 which working as hard resistance. The pair has touch this level so many timse and rebound down so quickly and in sharp move. The good thing is at the Point 3 (See pic),the pair at this area when it touch such hard resistance level ,it didn't get back as it did before which means in my opinion that will increase the probabilities in success to break it up once it reach such level once again. Breaking up level of 83.700 is very good point to go long. Target between 86 and 87.....GL.