USDB/BRL to sink towards 4.95 on a break under 5.11/5.09 - SocGenDip below the 200- day moving average (DMA) at 5.38) has extended the USD/BRL down move. Economists at Société Générale expect the pair to suffer addi
Source: USDB/BRL to sink towards 4.95 on a break under 5.11/5.09 - SocGen (https://www.fxstreet.com/news/usdb-brl-to-sink-towards-495-on-a-break-under-511-509-socgen-202202171018)