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USD/CLP bounces off attempts at 617.80 daily pivot support

Source: Thomson Reuters USD/CLP rebuffed after several attempts at 617.80 daily pivot support USD remains resilient despite weak CPI & durables, eyes higher rates USD/CLP support at 617.80 , 616.33 100-DMA, 614.40 lower …

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USD/CLP bounces off attempts at 617.80 daily pivot support
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Source: Thomson Reuters


  • USD/CLP rebuffed after several attempts at 617.80 daily pivot support

  • USD remains resilient despite weak CPI & durables, eyes higher rates

  • USD/CLP support at 617.80 , 616.33 100-DMA, 614.40 lower 21-d Bolli

  • Resistance at 620.69 10-HMA, 622.50 daily pivot, 625.54 50-DMA

  • BCCh poll sees rates on hold, sees inflation trending to target in 1-year

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