INSUBCONTINENT EXCLUSIVE:
The US dollar opened June 20, 2025, under pressure against the Brazilian real, continuing a recent pattern of weakness seen in global
currency markets.Data from TradingView confirms the dollar fell to a session low near R$5.4695 in early trading, reflecting lingering
selling momentum after a series of softer US economic releases and heightened risk appetite among investors.The dollar index had dropped to
multi-year lows earlier in the week, reinforcing the bearish tone as trading began.However, the market dynamic shifted as the session
Sellers failed to push the dollar to new lows, and buyers stepped in, reversing the early losses.The USD/BRL pair rallied steadily through
the day, closing at 5.5129, marking a notable daily gain.This move coincided with renewed risk aversion linked to geopolitical tensions,
which prompted investors to seek safety in the dollar and unwind some short positions.Technical analysis of the four-hour chart shows the
signaling a clear uptick in bullish momentum
The MACD histogram turned positive, supporting the case for a short-term trend reversal.Yet, the price remains below the longer-term
The pair trades below the 50-, 100-, and 200-day moving averages, all sloping lower.The RSI sits at 37.9, indicating the market is still
pair higher and testing key technical resistance.The failed breakdown and subsequent rally underscore how quickly sentiment can shift when
technical and macroeconomic factors align.Traders now watch to see if the dollar can sustain momentum above resistance or if the broader
downtrend will reassert itself.
