tradingmago

$4500 pesos for a dollar ?

Long
FX_IDC:USDCOP   U.S. DOLLAR / COLOMBIAN PESO
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 channel
Trade active: broke the channel, lets wait for next week and see if retest the bottom of the channel

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