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USD/BRL has recently achieved downside projections of 4.75. Economists at Société Générale analyze the pair’s technical outlook.
An initial bounce is taking shape and a revisit of 50-DMA near 4.90/4.93 is not ruled out.
It would be interesting to see if the pair can re-establish above the lower band of previous range near 5.01; failure could lead to persistence in decline.
Below 4.75, next potential objectives are located at 4.69 and April 2022 lows of 4.61/4.59.
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
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