After this week's candle, the USD showed after several weeks of congestional prices that the market is selling dollar with a high demmand for BRL Real. It showed that the USD will go down for several weeks ahead with a risk reward ratio of 1:2.
Its time to sell USD or go short.
After this week's candle, the market has refused to go lower and the bulls answered by buying with high volume and high momentum, closing its candle above the previous higher. The 10 EMA is likely to reverse its doen pattern to up indicating a very strong signal to buyers with a risk reward ratio of 1:2.
Depois da força compradora reagir na retração de fibo em 61,8% aos 92,49 na qual forçou os preços a irem até 97,90, é natural que este movimento retraia para ganhar força para romper este topo. Portanto existe oportunidade de compra na zona de retracao entre 95,08 e 94,42, com alvo 102,69, um upside de 8%.