SkylinePro

USDBRL - probable correction up to 5.60 ahead

FX_IDC:USDBRL   U.S. Dollar / Brazilian Real
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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