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US Dollar overcomes first projected resistance
U.S. Dollar / Brazilian Real
Long
US Dollar overcomes first projected resistance
By FernandoHilario
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Jun 20, 2020
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Jun 20, 2020
The US Dollar has reached and overcome the first projected resistence around R$5.30.
It seems like its going to keep rising till the region of R$6.00, where it is going to retract to R$5.30 tops.
On the other hand if this recent overcoming fails, the US Dollar may retreat back to the next support around R$4.80.
What do you think?
Does it make sense for you?
brazil
brazilianreal
dollar
exchange
Support and Resistance
Trend Analysis
US
USD
USDBRL
DJ FXCM Index
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