ISSN: 2056-3736 (Online Version) | 2056-3728 (Print Version)


In the bigger picture, the fall from 1.7190 is viewed as resuming the long term down trend from 2.1161 (2007 high). Further decline should be seen back to 1.37 – 1.35.  In any case, medium term outlook will remain bearish as long as 1.53 resistance holds.

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