American Dollar versus Brazilian Real.

Well, finally institutions stopped selling and maybe starting to buy dollars again here in Brazil. Simple analysis, after this massive selloff of USD, RSI is pointing to a recovery ahead of price AKA bullish divergence. Not only that, prices is testing a previous range high zone, and converging with this really oversold RSI. I believe it is a good time to stack some USD for the long run, as the caos in the world is just getting started !
brazilbrazilianrealTechnical IndicatorspandemicTrend AnalysisUSAUSDUSDBRL

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