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- Kazumasa Iwata, former deputy governor of Bank of Japan (based on Reuters)
Pair's Outlook
Pair volatility has increased, indicating it might gain momentum and finally breach 99 mark. However, pairs outlook remains rather neutral, technical indicators give weak buy signal in short term and very strong sell signal in medium term; therefore it is much more realistic to await depreciation of the pair.
Traders' Sentiment
Pairs bullish sentiment strengthened by additional 7% since yesterday (11% this week) and reached 62% mark. Amount of pending buy orders increased as well and climbed back above 70 % mark (77% at the moment).
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