price near (a) level and in the middle of the long tem bullish canal
USDBRL is oversolding near blue support . It is retracing on it , as wave-4 or as alternative count wave-B Cluster : (c) = (a) and 0,618 If "1-2-3-4" count , expecting bullish wave-5.Buy between 3,53 to 3,52. SL under 3,5 . TP at least top of wave-3. If "A-B" count , price may retrace more as it can be bullish wave-C from here.
After pullback on triangle, usdmxn may go to finish the 5th wave
Zig-Zag or Triangle before resuming bullish trend.
BAT 1,27 Alt ABCD Buy @ 1,4730 SL # 1,4640 TP 1,5070 RR 3,86
EurInr bounced on a longterm oblique support. Till it is not broken ,exhange rates are bullish. Elliot waves W and X are shown. img11.hostingpics.net