KuldipFxTrader
Short

USDBRL is going to go down

FX_IDC:USDBRL   U.S. Dollar / Brazilian Real
Hello,Traders. In the USDBRL chart, we were expecting a regular flag formation for the price to keep pushing for downward. Now, it has broken the trendline , so the view has changed whereby we might see price testing the top and then reverse to the downside. Look out for any ipmulsive move tothe downside as itis not necessary for price to break the top and then reverse. Trade with care.
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