We hold a view of the instrument moving in the range of (79.633 – 75.573). We have to wait and watch the movement of the instrument from current levels.

A hold for a clearer technical outlook iadvisable.

Chart

Important Price Levels
77.753 76.484 76.159 75.735 73.786

Source http://www.fxstreet.com/technical/analysis-reports/technical-outlook-for-majors/2011-11-01.v05.html



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