Turned from bullish to neutral as I got out or rolled most of the position. The late sell of at the end of the day confirmed my thoughts.
Future Spreads are still firm, and on a weekly timeframe we still look quite bullish.
USDBRL has come off from the highs, but is running into a little support.
Prices could advance, but there is too much uncertainty, hence I am back to neutral, waiting for a better entry in either direction
Future Spreads are still firm, and on a weekly timeframe we still look quite bullish.
USDBRL has come off from the highs, but is running into a little support.
Prices could advance, but there is too much uncertainty, hence I am back to neutral, waiting for a better entry in either direction
