BRAsil > -com a forte queda do dolar , no dia de hoje ele andou dentro de um tunel , amanha certamente ele entrara em uma forte queda . o REAL esta muito valorizado sobre o dolar . esperamos que o indice suba pelo menos 300 PONTOS
USA > -with the sharp decline of the dollar, the day he walked inside a tunnel, tomorrow he certainly entered into a sharp decline....
Quick scalp on the Future US Dollar against the Brazilian real. It's a pullback trade, which means it's pretty risky on my concept. (You are trying to find a quick reverse with a poor r/r)
Very interesting setup on the Brazilian real.
- On the Weekly chart, we can see the room for improvement we have. Both on price and RSI.
- On the Daily chart we can see the very nice Adam & Eve Bottom and how price achieved to do a higher low.
Watch about the daily closes and RSI (daily) that need to break 54 for a significant push / reversal ?
EMFX aggregate is the:
BRL,INR,MXN,TRY,RUB,KRW,ZAR,PLN
These have decoupled (lost correlation) or rather ignored the advances in the EEM.
Room for re-coupling soon.
