We see better value in long positions. If the price will advance above the first resistance at (78.455), this would confirm continuation of the bullish trend, towards next objective upwards (77.187) then (76.484) and (75.735) will follow.
Look for long positions for current trading session.
| 77.658 | 77.187 | 76.484 | 76.159 | 75.735 |
Source http://www.fxstreet.com/technical/analysis-reports/technical-outlook-for-majors/2011-11-04.v03.html
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