Brazillian
Weekly BRLFX_IDC:USDBRL There are some evidences about bullish move in BRL. 3th wave is in formation. Stay tunned for any different movement.
If it break down the blue line, a new strategy must be formulated.
Trade wisely
Optimism?Petrobras in a new management. The new president says that he intends to rescue the company of an "organized gang", and will attempts partnership with shareholders to raise the economy of the company. In the other hand some scholars do not agree with the Parente's (new Director) proposals and intend to struggle against the reform in the company.
In my view, I am optimistic about the change in the company and the way of the Lava Jato (anti-corruption investigation) is taking.
From now the trend is improving, though bad times are still to come! Be aware.
BMFBOVESPA:PETR4 BMFBOVESPA:IND1!
Kind Regards.
