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Posted by Tango
on May 28, 2019, 9:55 am
Lots of resistance but the buying is consistent and the market offering few buying opps. Volume traded on stops between 95.00 and 95.80. High now is 95.85. The market is self propelled with possibly some help from he Real which is steady with USDBRL at 4.0249 -0.0161 (-0.3984%). USDCOP is 3,352.50 -4.93 (-0.1468%). Light selling on TAS. 95.00 is a strike and possibly 95.80 is a technical resistance level. Spreads are steady, there is some forward selling.