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?
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?
