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hmborges
Jul 12, 2019 1:56 AM

Brazilian Real continues to recover its space 

U.S. DOLLAR / BRAZILIAN REALICE

Description

After the pension's reform approval in the Brazilian Congress, the price of the pair FX_IDC:USDBRL reacted in favor of the tropical country and is showing some signals that it's aiming to test the previous lows, around 3.64
Let's see how it'll progress...
Comments
markn
BE CAREFUL, if it passes 4.25 we will go to 5/1 wait for Argentina, recession and 50% pension reform pass only. BEWARE
hmborges
@markn, Yes man, Im pretty careful with this situation. Specially because the whole global scenario is not clear!
markn
should see a good push to test 4.25 now. Lets see..
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