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Dexter_The_Trader

USD/BRL: A REJECTION IS EXPECTED.

Short
U.S. Dollar / Brazilian Real (FOREXCOM:USDBRL)  
Dexter_The_Trader  
FOREXCOM:USDBRL   U.S. Dollar / Brazilian Real
Trend Analysis Chart Patterns Technical Indicators USDBRL usdbrlanalysis usdbrltrade usdbrlforecast usdbrlprediction
5
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trendanalysis chartpattern indicator usdbrl usdbrlanalysis usdbrltrade usdbrlforecast usdbrlprediction
Hello traders,

Welcome to this quick update on USD/BRL in a 3-hour timeframe.

The USDBRL is likely to form a bearish triple-top which might bring the price down from $4.99 to $4.85. The RSI is already at the oversold zone and it is a strong indication of a bearish move.

I am bearish on USDBRL. What is your POV on this chart? Let me know in the comments section.

Thank you

Regards,
Team Dexter.
t.me/DexterLembard

t.me/DexterLembard

t.me/DexterLembard

t.me/DexterLembard

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