USD/BRL completed a textbook Head & Shoulders which started in April/March. It hit the R$5,29 target for a few week, and is now climbing.
tradingview.com/chart/mIwAB9fJ/
Why now though? Well, the DXY indicator has also done the same after completing its own H&S, and is now trending up, away from support.
tradingview.com/chart/mIwAB9fJ/
Why now though? Well, the DXY indicator has also done the same after completing its own H&S, and is now trending up, away from support.
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