Long-term, the Brazilian real still looks to be going nowhere fast. July saw the real fall back from its June high of 0.20413 to a low of 0.18833 before closing the month at 0.19178, down 0.00945 for the month. The major (long-term) trend remains sideways with support at the May 2020 low of 0.16756 and resistance at the June 2020 high of 0.20739. Initial resistance is at the June high, the 4-month high, with support at the 4-month low of 0.17378 from April 2021. Monthly stochastics are showing much either, holding below the overbought level of 80% with the most recent signal a bullish crossover below 20% at the end of April 2020.