Usd brl is at bring of an edge... either it will return to break the flag in direction of 6 reals per dollar or heading to 4.85 for a correction. Brazilian economy is not in a good shape and due to it.... dollar will be a safe currency but as dollar has entered in a sell position globally it will cause a pressure against all currencies.
@markn, I can`predict the future but the trend is up... yes it defo its!
PUNISHERBR
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It goes up! Believe me, im brazilian! There is no chance about brazilian currency drops under 5usd
diegotrader9988
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@PUNISHERBR, I dont` know the future I just follow the trend and we are at point of decision!
PUNISHERBR
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@diegotrader9988, i know! me too... but in that case brazilian government is directly interfering in the rise in the dollar price, since it is bought at 5.10
Stay safe