BRNUSD

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BRNUSD

Market activity was observed with Trump's tariffs of up to 25% on Mexico and Canada, and up to 10% on China. Oil futures started the week with an increase, but some of the gains were pulled back after the opening. A 10% discount on energy imports from Canada has been reported. It is important to closely monitor the movements of European and US stock markets throughout the day.

If prices remain above the support levels of 75.50 – 76.00, an upward trend may continue. In the event of a potential increase, levels of 77.00 and 77.50 could be targeted. However, if the 75.50 – 76.00 support is not maintained, declines may come into play. In this case, levels of 75.00 and 74.50 should be considered. The key level for the day is the range of 75.50 – 76.00.

Support :

76 - 75.5 - 75

Resistance :

76.5 - 77 - 77.5