USDBRL Long

FX_IDC:USDBRL1D

U.S. DOLLAR / BRAZILIAN REALICE

Description

⋅ Jan 17, 2019 10:26 PM

USDBRL

Trend Analysis Chart Patterns

Comments

hungry_hippo

⋅ Jan 17, 2019 11:27 PM

Looks more like a head and shoulder pattern. Brazil has an inflation rate of 4% vs Turkey which is at 20% (explains why the Lira keeps tanking). People are pretty bullish on the new president, just look at their market, iBov.