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USDBRL - probable correction up to 5.60 ahead

U.S. Dollar / Brazilian Real (FX_IDC:USDBRL)  
SkylinePro Updated   
FX_IDC:USDBRL   U.S. Dollar / Brazilian Real
Trend Analysis Wave Analysis USDBRL BRL brazil Currencies Forex brasil
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trendanalysis waveanalysis usdbrl brl brazil currencies forex brasil
USDBRL reached the target forecasted on the post of May 7, where it completed intermediate wave 3. It is now tracing minor wave A down and just seems to have finished minute wave 3. It should correct to around 5.60 where minute wave 4 should end before trending down again. FOLLOW SKYLINEPRO TO GET UPDATES.
Comment:
The pair corrected and continued the downtrend as predicted, the correction reached a few points below our target. See updated post.
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