FX_IDC:USDBRL   U.S. Dollar / Brazilian Real

After the rapid ascent we saw a natural pullback with some profit taking and now look poised to resume the upward trajectory for which a possible target could be the 2015 high of 4.24

Price now at key level , seen some intra day forays above 3.75 but failed to close above the reference point

Traders , look for a new high to take further long entries. I see no reason to call a top and will be looking to see how price behaves around the 4.00 round number
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