Thursday, September 20, 2012

USD/BRL intraday: under pressure.


Pivot: 2.04
Our preference: Short positions below 2.04 with targets @ 2.005 & 1.975 in extension.
Alternative scenario: Above 2.04 look for further upside with 2.06 & 2.075 as targets.
Comment; the pair has struck against its resistance and remains under pressure.

By at

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