aurriago

Long Brazil Real Short US Dollar

Long
FX_IDC:USDBRL   U.S. Dollar / Brazilian Real
Please check the following two indicator for Brazil Real : MACD and RSI
Even though the real has achieved a new low, MACD histogram got a lower maximum compared to September 2018.
A similar pattern could be seen in the RSI, which achieved a lower maximum while the real got a new low.

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