2019 2020 2021 USD to BRL : Brazilian Real Exchange rate Long-term forecast - up to 5.57

Brazilian Real (USD/BRL) is crossing a very important level of 4.0. This could be a signal showing USD/BRL rate will go higher. The long-term target could be 5.57 or so. Two meaningful prices are 3.85 and 3.58. If the rate falls below 3.85, It would be better to buy USD/BRL.

I do not know what is going on there and why USDBRL is going up. However, the rising rate tells something important is happening there. It would be wise to prepare for such a situation in advance.

In my opinion, US dollar is likely to be strong against any other currencies for some years. Many people say the US dollar will be collapsed. I agree in the long-run, but not yet.

[ USD / BRL rate monthly chart ]
USD to BRL : Brazilian Real Exchange rate Long-term forecast - up to 5.57




Meaning of terms :
▷ BUY the Dip : The current price is higher than the entry price. Buy when price drops to/below the entry price.
▷ BUY the Breakout : The current price is lower than the entry price. Buy when price breaks upward through the entry price. ( When price moves above the entry price level.)
▷ SELL the Bounce : The current price is lower than the entry price. Sell when price rebounds to/above the entry price.
▷ SELL the Breakdown : The current price is higher than the entry price. Sell when price breaks downward through the entry price.  (When price moves below the entry price level.)

Position Trading. Position trading with monthly charts for holding positions for weeks to months. Not much demand on the trader's time.

Simple and Profitable. Key points in real trading are the present and the numbers. There are only practical and strategic figures.

Reference Only. I hope you do not copy above, but hope you get your own better strategies by referring to the above and make good profits.