U.S. Dollar / Brazilian Real
Short
Updated

Brazilian Real: Staying short (Target Defined)

135
Good probability we see cont´d weakness in the real into the 3.20´s.
Note
Prepare to take targets and go long USDBRL in the 3.20´s. Will publish new chart to go long.
Trade closed: target reached
Trade active
I am now long USDBRL (Short Brazilian Real) at 3.24

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.