usdbrl

Can #USDBRL Break the 4.65 Floor After October?

The monthly chart still shows the pair sitting inside a mid-term downtrend after the 2024 spike that many now call a trap. Price is hovering near 5.10. The yellow target sits just above that older support band. If the opposition wins in October and moves quickly on structural reforms, does the dollar simply stabilize around 4.70, or does it slice through and keep going?

I am not sitting on the fence. Absent a global shock, I think it breaks and breaks hard. A move below 4 would cut inflation, give room to ease the interest-rate burden that is currently choking business, and open the door to a genuine economic reset. The next 60 days, covering the first round and any runoff, will decide whether that narrative even gets written.