dmitry089234

USDCLP D1. A new test of zone 790 is coming.

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FX_IDC:USDCLP   U.S. DOLLAR / CHILEAN PESO
It's a bit early to declare that, but I see some kind of weakness in buyers behavior. If you compare this chart with Gold, you'll see the same inability overcome the previous High(875clp in our case).

I'll wait for a confirmation, we have to come back to the blue trading range.

The channel marked with green color also could be helpful, so we can be in a phase C at this moment and the current movement could be define as an Upthrust in a downslope TR.

I'll keep updated this chart.

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