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USD/BRL slips on durables miss, shrugs off swap news

Source: Thomson Reuters USD/BRL earlier rallied on NY open after BCB suspends 'new' currency swaps Pair tested highs by 3.1728 just ahead of 50-DMA, pivot resistance 3.1770 USD weak after durables miss, BRL firms with br…

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USD/BRL slips on durables miss, shrugs off swap news
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Source: Thomson Reuters


  • USD/BRL earlier rallied on NY open after BCB suspends 'new' currency swaps

  • Pair tested highs by 3.1728 just ahead of 50-DMA, pivot resistance 3.1770

  • USD weak after durables miss, BRL firms with broad market v USD

  • Pair holds support by 23.6% Fib at 3.1349, below eyes 21-DMA by 3.0890

  • Resistance at 3.1770 daily pivot resistance, 3.2031 10-DMA, 3.2295 Mar 23 daily high

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