USDBRL Possible Long

By binatof
Updated
snapshot

Possible Long in USDBRL, with a good target. This is not only technical analysis, but combined with the idea that USD Index will start to increasce against other currencies that was performing well. Plus the actual strong left governemt can cause more inflation and investors-run to dollar safety.
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Strong support at 4.60 at the bottom of the bullish flag. Keep my target there 7+
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Still the same idea guys, dólar kept the support. Still aiming for first target at the top of the flag at 5,97. then my next target is 6,90
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Hey guys, still the same idea, even more now with the increase tension on middle east. For those who longed on bottom, we can hold util first target at around 6
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Hope you guys holded your positions. Still open long, gonna take a little profit at 6 then only in 7
BRLChart PatternsFundamental AnalysisTrend AnalysisUSDBRL

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