You know, I've heard all the little help-me-outs in regards to how to figure out what is what with electrochemistry. There is one method that never fails. If there is no reaction given, i.e. nature is allowed to take its course, the reduction half reaction with the lowest value is the reducing agent. You then solve using the Oxidizing Agent minus reducing agent formula. In this case there is a reaction given. The reaction shows that the chlorine is being oxidized, and is the reducing agent. Using the same formula, oxidizing agent minus reducing agent, the E of the solution is then -1.7 volts. If this is unclear, please ask questions. It isn't easy to wrap your head around the first time through.