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At the beginning of the week the Kiwi reached the upper trend-line around the 0.79 level; although, since then the pair has slipped slightly. The technical studies are mixed at the moment, with the 4H one being bullish. Unfortunately, also the SWFX traders' sentiment is neutral as 50.89% of them have opened short positions. Therefore, the pair's movements will be mostly affected by the support/resistance levels. The next target is the weekly and monthly PP at 0.7858/50.
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