Friday, October 16, 2026

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USD/BRL moves above 3.2330 resistance, eyes BCB response

Source: Thomson Reuters USD/BRL remains bid, moves above 3.2330 resistance to high by 3.2800 Market eyes BCB response, FinMin says Govt won't use reserves to contain BRL USD/BRL resistance at 3.2800 today's high, 3.3630 …

By Jay L. Zagorsky
1 min read
USD/BRL moves above 3.2330 resistance, eyes BCB response
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Source: Thomson Reuters


  • USD/BRL remains bid, moves above 3.2330 resistance to high by 3.2800

  • Market eyes BCB response, FinMin says Govt won't use reserves to contain BRL

  • USD/BRL resistance at 3.2800 today's high, 3.3630 the Apr '03 high, 3.4335 76.4% Fib

  • Support lies at 3.2425 hourly low Mar 13, 3.2159 10-HMA, 3.1644 today's low

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