Polymarket on BRLUSD by month-end?

asked by u/anjali29 · 6d · 2 answers

Curious what everyone thinks about $BRLUSD hitting 0.1935 by month-end. With it testing 0.19295 today, I'm thinking there's a 60% chance we see it push through that next resistance, especially if the current upward momentum continues without any major global economic shocks.

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  • u/min_wu· 1 pts· 6d

    While 0.1935 is a key level, I'd be more focused on the broader macroeconomic indicators out of Brazil. If we see any significant shifts in inflation data or central bank posturing, that 60% might start to look a bit optimistic, regardless of current momentum.

  • u/nicole26· 1 pts· 6d

    It's already shown weakness around that level before. I wouldn't bet on a simple push through just because it touched it once.

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