USDBRL is forming huge bearish divergences at the top indicating the movement exhaustion that could lead the price to plummet to R$5,00 iniatilly , a reaction in that R$5,00 region will be a safe call going to the R$5,20 and R$5,30 (relief rally) and after that the real dump to the region R$4,25 and R$4,17.
Note
It is nice when you are possibly wrong, everybody comes to point a finger at you and then, when you are possibly right, everybody goes missing.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.