WORLD CURRENCY UNIT / BRAZILIAN REAL
Long
Updated

WCUBRL - BUY RISING CHANNEL AT 4,65

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WORLD CURRENCY UNIT VS BRASILIAN REAL
WAIT FOR BETTER LONG ENTRY AT 4,65
RISING CHANNEL AND DEFENDED LONG TERM LOWS SUGGEST POSSIBLE LOSING POWER OF BRASILIAN REAL AGAINST G20 CURRENCIES
IT COMES AT POSSIBLE PIVOT POINT AT DOLLAR INDEX SUGGESTING RISING YIELDS IN US WHICH IS NEGATIVE FOR EM COUNTRIES
Note
Heads up tomorrow or on Friday we may get our long entry chance
Trade active
Note
if the channel will be defended it will suggest longer ride and prospect of falling oil prices ... For now it looks great

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