SNT0112358

#USDCOP Retracement to $3300 to bounce and test $3500

Long
FX_IDC:USDCOP   U.S. DOLLAR / COLOMBIAN PESO
A nice support for this down movement would be the $3300 area that matches a Fibo retracement. Once tested this support area it could bounce to break the $3500.

Comments

Hey what broker cam i trade the colombian peso ?
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Juanescacha aileenvanessa
@aileenvanessa, yeah i wanna know too
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Agree, but first USDCOP needs to resolve the 3350 support seen strong last trading sesions... anyway increases in Reference Rates in Latam except Colombia could press the USDCOP down.
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Juanescacha christian_bvc
@christian_bvc si, hubo un fuerte soporte ahi que freno la caida, esperemos lo pase esta semana, que opinas?
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christian_bvc Juanescacha
@Juanescacha, Ya testeó la resistencia histórica del 3500, por ahora puede probar el 3400 y hacer algo de ruido en esa zona un rato. Con toda la turbulencia internacional es posible que mantenga la tendencia alcista de largo plazo.
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Juanescacha christian_bvc
@christian_bvc, interesante, esperemos que no sea alcista a largo plazo, vamos a ver como se comporta en 3400
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