USDBRL

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This is not an investment advice. Do your own Research.


Something smelling strange, I don't know what the excuse will be, maybe the low spread between interest Brazil x USA, or something else.

I don't like to say that something will go up when it is already close to the ath, but....it seems to be

Perhaps this market is tired of trading in this range.. looking at past drifts, it used to stay for six hundred days oscillating in the 10% / 15% range, as it is now.

Of course, I might to be wrong.
But, never bet against america, they said.
Nota
snapshot

It's always nice to buy next to the bottom and sell next to the top of a side channel like this, then rest for a month or more.
It's in the middle of the channel now.. lets see if it will make bottom again
Chart PatternsTrend Analysis

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