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The pair now is located near the lower trend-line and may remain there as the 50-hour SMA at 1.0739 is blocking the upswing, while the pattern's support is preventing the pair from a bearish exit. Meanwhile, traders' sentiment on the SWFX is almost neutral – 53% of positions are long, while 47% are short. Furthermore, technical indicators send a clear signal only for long-term, pointing to a possible climb in one-day perspective.
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