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USD/BRL slips on Brazil retail sales miss, US data in focus

Source: Thomson Reuters USD/BRL egdes lower from NorAm open after Brazil retail sales miss forecast Economy weakness no surprise as BCB polls forecast -1.01% GDP growth in '15 USD/BRL daily pivot resistance at 3.1408, 21…

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USD/BRL slips on Brazil retail sales miss, US data in focus
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Source: Thomson Reuters


  • USD/BRL egdes lower from NorAm open after Brazil retail sales miss forecast

  • Economy weakness no surprise as BCB polls forecast -1.01% GDP growth in '15

  • USD/BRL daily pivot resistance at 3.1408, 21-DMA 3.1601, 3.1861 61.8% Fib

  • Support lies at 3.1071 today's low, 3.0815 daily pivot, 3.0331 lwr 21-d Bolli

  • Market focus on US retail sales for hint at US liftoff, good numbers USD positive

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