USD/BRL (Swing Trade)
Bullish bias above 3800 and 3900.
My preference: Long positions above 3800 with targets at 4060, 4340 and 4700 in extension (Fibonacci Projection).
Alternative scenario: Below 3800 look for futher downside with 3700 and 3500 in extension.
Comment: Santo Indicator strong and above the band. When Santo Indicator and Price get new top at the same time, we still believe in bullish movement.
