After Last ATA EM Currency Research…
ARGENTINA PESO – END OF RISK OFF TANGO…
MEXICAN PESO – KEY EM CURRENCY PATHFINDER DEJA VU…
RUSSIAN RUBLE – TRUMP – PUTIN GEOPOLITICAL FACTOR…
Today in ATA Focus is…
BRAZIL REAL…
like always
ATA MIND OVER MARKETS…
ATA MARKET MODEL :
First…Market Motive…
Second…Market Technical Pattern…
Present BRAZIL REAL Situation
Motive – Most Negative BRAZIL MACRO Mainstream Media Trend
&
Technical Pattern – M with 2B & 2B BIS
( Weekly & Daily Charts )
with
Fibonacci Ret…
( Monthly , Weekly & Daily Charts )
ATA Investment Conclusion
after June & most of July 2018
BRAZIL REAL Big Picture shows…
FINAL SHOT UP & SHOT DOWN Scenario in FIB RET Zone
with
2B & 2B BIS Patterns…!!!
USD/BRL
Present Active Resistance Zone – 3.90 – 3.95
vs
Support Zone – 3.70 – 3.65
USD/BRL Monthly , Weekly & Daily Charts :
ATA FINANCIAL RESEARCH 