Brazil ETFs Breakout as Presidential Candidate Jair Bolsonaro Takes Lead

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This article was originally published on ETFTrends.com.

Brazil ETFs brushed off the broader market weakness and surged back above their trend lines after far-right presidential candidate Jair Bolsonaro took the lead in the first round of votes. Among the best performing ETFs of Monday, the iShares MSCI Brazil Capped ETF (NYSEArca: EWZ) increased 6.1% and broke above its long-term resistance at the […]

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