This pair has been in a downtrend since 2011 Sep 6 starting from 1920.682 Looking at the weekly chart we will
see the wave 3 starting at 1795.75 and terminating at 1180.174 we are
currently in wave 4 which I think will take price to 1435 to 1485 as the stocastic cross is also in support and we
will later see price come down to hit 1217 around Dec 2
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