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Brazil is a large country located in South America. It is known for its diverse culture, beautiful beaches, and vibrant music and dance scenes. The official language is Portuguese, and the country has a tropical climate with high temperatures and ...
Bias: range-bound, current CAD/BRL sits near the 3-month average and in the middle of the 3-month range, with no clear signal from the 90-day average.
Bias: range-bound, current sits near the longer-term average and in the lower half of the three-month range.
Bias: bullish-to-range-bound, GBP/BRL sits above its 90-day average and in the upper half of the three‑month range.
Bias: Range-bound, because USD/BRL sits near the 90-day average and in the middle of the 3-month range, offering little pressure for a breakout.