$4500 pesos for a dollar ?
Updated
If it breaks the 3,900 Mark and maintains that lvl for a couple of days, I would say will go back to test the 4200 high, then $4,500 according to Fib Extension.618. I hope I'm not right like last time when $3,600 seemed impossible
Trade active
Big rejection at the 3,900 key level, however still inside the uptrend channelTrade active
broke the channel, lets wait for next week and see if retest the bottom of the channelNote
retesting the 3,900 from below.Trade active
Retesting $3,900 level...Key Level as shown with the tick blue lineTrade active
Retested the $3,900 barrier....in its way to $4,500Note
Seems like Colombian elections along with the recent dollar strength are feeding this trade.Note
$4100 new resistance.., will seeNote
$4100 still a strong resistance, seems to be finally bending today. on its way to $4200Trade closed: target reached
Well, never expected this to happen this fast. But definitely, political issues speeded this up
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