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Now the pair is on the verge of penetrating the upper limit of the corridor that may lead to a breakout followed by a sharp rally. However, market players are not so bullish; in fact, the proportion of long positions on the SWFX is only slightly higher than the proportion of the short ones. Referring to technical numbers, we note that the indicators are mixed, sending ‘buy' signals for short and long terms and being bearish for medium term.
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