Dollar drops Against Sol on Open

EWFOREX.NET

Dollar Sol opened down this Monday morning trading at 3.7019 per USD.   This bearish move has two Fibonacci B wave support at the 1.14% 3.6922, the 1.272% at 3.6791 and the 1.382% at the 3.6682.  The Elliott Wave structure has the pair in a B wave of a possible triangle form for Intermediate degree 4. 

If the Buck moves up above the 3.70 Feb low, wave C will most likely be in play. A move down below the 3.6682 1.382% BvsA.