Published: 2026-07-28T15:51:16.000Z
Chart USD/BRL Update: Limited tests lower
2
The break above 5.1000 is meeting selling interest around 5.1300
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 5.3000 | ** | congestion | S1 | 5.1000 | * | break level | |
| R3 | 5.2450 | ** | 50% ret of Dec-May fall | S2 | 5.0500 | * | break level | |
| R2 | 5.2000 | ** | congestion | S3 | 5.0265 | * | 15 Jun (w) low | |
| R1 | 5.1500 | * | break level | S4 | 5.0000 | ** | congestion |
Asterisk denotes strength of level
16:35 BST - The break above 5.1000 is meeting selling interest around 5.1300, with immediate focus turning back to 5.1000. A test beneath here cannot be ruled out. But rising daily readings and improving weekly charts should limit scope in renewed buying interest/consolidation above support at 5.0500. Following cautious/corrective trade, fresh gains are looked for. A later close above 5.1500 will help to improve sentiment and put focus on strong resistance at congestion around 5.2000.