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USD Reverses Losses Ahead Of NFPs Report

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Sep 2, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Brazilian real extended losses yesterday as traders struggled to decide whether the removal of Dilma Rousseff would trigger a wave of optimism amongst investors. USD/BRL tested the top of its declining channel but was unable to break the 3.26 resistance level to the upside. We maintain our view that[​IMG]

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