Published at 13:54 (GMT) 3 August

USDBRL

03 Aug USD/BRL Daily
13:50 GMT -- USD is under pressure in early trade, just north of 2.029. If it cannot hold this support further weakness to the stronger base at 2.010 will follow by the NY close/early Mon. Only a rebound that can finish the day north of 2.056 would signal a lasting ascent towards the May peak. MV

R5: 2.15 figure
R4: 2.106 * May peak
R3: 2.072 28 Jun low
R2: 2.058 * 26 Jun low
R1: 2.056 * 01 Aug high
S1: 2.038 31 Jul low
S2: 2.029 * 27 Jul high
S3: 2.01 * intraday cong.
S4: 1.984 02 Jul low
S5: 1.97 * 28 May low