More falls? 4999 could be just around the corner!

-The outlook for the dollar is to test the median of the channel in the 5059 range in the short term.

-A large part of this perspective is due to the approval of the well-dried transition PEC, with a maximum duration of one year, but, in Brazil, everything that is temporary becomes permanent from one hour to the next, and I would not be surprised in the second half of 2023 we have a “beautiful novelty” in relation to the continuity of such PEC (with another name, of course).

-The daily chart's bearish pivot shows declines to the 5016 region as the first stage. We have the long average at the moment serving as support and, just below, the median of the channel.

-Will we see the dollar losing strength around the world? We have the DXY opening its beak, but it might want to make a reraise (FED)!

-The hourly chart made this pivot and failed to advance, setting precedent for a retest at 5132 should prices fail to open above 5176.

-Do your analysis and good business.
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