BRLUSD holding up after mixed inflation signals

Watching $BRLUSD today, seeing it hold around the 0.19353 level despite some conflicting signals out of Brazil. CPI came in a bit hotter than expected, which you'd think would push the central bank towards a more hawkish stance, potentially strengthening the real. However, the broader economic outlook still feels pretty soft, and there's always the political noise that can quickly overshadow any data. For now, it seems the market is in a bit of a wait-and-see, parsing how much of that inflation is truly sticky versus transient. I'm keeping it on my watchlist for any signs of a clear break, either way, as the risk-reward feels a bit muddled at these levels.