USDBRL: Break beyond one of 5.01-5.62/5.64 bands essential to affirm a trending move - SocGenUSDBRL's bounce has stalled after retesting July peak of 5.51. Analysts at Société Générale note that the pair needs to break beyond one of the 5.01-5
Source: USDBRL: Break beyond one of 5.01-5.62/5.64 bands essential to affirm a trending move - SocGen (https://www.fxstreet.com/news/usdbrl-break-beyond-one-of-501-562-564-essential-to-affirm-a-trending-move-socgen-202211181451)