USD/BRL to edge lower towards August 2021 low of 5.11 on failure to hold 5.22 – SocGen

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USD/BRL to edge lower towards August 2021 low of 5.11 on failure to hold 5.22 – SocGen
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USD/BRL to edge lower towards August 2021 low of 5.11 on failure to hold 5.22 – SocGen USDBRL Banks Brazil

“Failure to hold 5.22 can lead the pair lower towards August 2021 low of 5.11.” “Former president Lula called for predictable economic policies, bolstering the appeal of the BRL.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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