US has fallen back to its previous range. USD was stuck in the range of 73.50 to 76.50 for 6 longs months. and then it broke the range to enter the another higher range of 77.50 to 81. thought i feel that USD should remain in the upper range of 77.5 - 81 as it US economy is slowly showing some signs of prospect and right now its much better placed than europe. USD might only remain in the lower range or breach the lower range if QE 3 is around. right now there is a lesser probability or possibility of QE3 in next 3 months
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