Usd Brl indecision

٨ سبتمبر ٢٠٢٠

Usd brl is at bring of an edge... either it will return to break the flag in direction of 6 reals per dollar or heading to 4.85 for a correction. Brazilian economy is not in a good shape and due to it.... dollar will be a safe currency but as dollar has entered in a sell position globally it will cause a pressure against all currencies.