Published: 2026-08-27T15:58:29.000Z
Chart USD/BRL Update: Cautious trade
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Little change, as prices extend cautious trade above support at 5.1500
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 5.3000 | ** | congestion | S1 | 5.1500 | * | break level | |
| R3 | 5.2450 | ** | 50% ret of Dec-May fall | S2 | 5.1000 | * | break level | |
| R2 | 5.2200 | ** | 24 Jun (m) high | S3 | 5.0500 | * | break level | |
| R1 | 5.2000 | ** | congestion | S4 | 5.0265 | * | 15 Jun (w) low |
Asterisk denotes strength of level
16:50 BST - Little change, as prices extend cautious trade above support at 5.1500. A minor test higher is developing, but mixed daily and weekly charts should limit initial scope in fresh consolidation beneath congestion resistance at 5.2000 and the 5.2200 monthly high of 24 June. Critical resistance remains at the 5.2450 Fibonacci retracement. A close above here is needed to turn sentiment positive and confirm continuation of May gains, initially towards congestion around 5.3000.
Meanwhile, any immediate tests below 5.1500 should give way to renewed consolidation above 5.1000.