Key Points USD/BRL traded around R$5.2895 on Saturday morning, after sliding hard through the week. Short-term momentum is deeply oversold, but the longer charts still look heavy and trend-bound. The next move hinges on whether 5.28–5.27 holds, or gives way toward the mid-5.20s. USD/BRL opened Saturday morning near R$5.2895, after a sharp, multi-session retreat that […]
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