Thursday, October 15, 2026

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USD/BRL rises on weak Brazilian confidence

Source: Thomson Reuters USD/BRL rises in early NY trade on weak Brazil Feb consumer confidence Chronic inflation/weak BRL likely speeds up pace of hikes USD/BRL support at 2.82 23.6% Fib of 2.5489-2.9037 range, 2.7840 21…

By Jay L. Zagorsky
1 min read
USD/BRL rises on weak Brazilian confidence
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Source: Thomson Reuters


  • USD/BRL rises in early NY trade on weak Brazil Feb consumer confidence
  • Chronic inflation/weak BRL likely speeds up pace of hikes

  • USD/BRL support at 2.82 23.6% Fib of 2.5489-2.9037 range, 2.7840 21-DMA

  • Resistance at 2.8593 Wed high/Tenkan area, 2.9037 Feb 23 high, 2.9420 Sep '04 high

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