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SkylinePro

USDBRL should soon see a correction before last leg up

U.S. Dollar / Brazilian Real (FX_IDC:USDBRL)  
SkylinePro Updated   
FX_IDC:USDBRL   U.S. Dollar / Brazilian Real
Trend Analysis Wave Analysis USDBRL real brazilianreal fx Currencies currency brasil brazil
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trendanalysis waveanalysis usdbrl real brazilianreal fx currencies currency brasil brazil
USDBRL seems to be in final stages of subminuette wave iii up. After it ends we should see a correction around 5.67 and then a final leg up that should reach the most probable target of 5.95-6.00. FOLLOW SKYLINEPRO TO GETUPDATES.
Trade active:
USDBRL retraced as forecasted near the target at 5.71 and is developing minor fifth wave up in direction to the posted target at 5.95 to 6.00 range. This should conclude intermediate 3.
Trade closed: target reached:
USDBRL reached the forecasted target and it is now trending down, as predicted, in an ABC pattern that should complete intermediate wave 4. See the updated post of today.
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