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FxWirePro: USD/ZAR up trend gains momentum but hurdles ahead

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USD/CLP hits new 2015 low below 600, on retail sales miss

Wednesday, May 13, 2015 1:56 PM UTC

US retail sales misses push out US rate liftoff sentiment
USD/CLP slips below 600 1st time since Nov 27, 597.47 daily pivot support holding
Below eyes 592.30 Nov 21 low; resistance 600.58 fomer daily pivot support, 604.25 21-HMA
US LFL CLP-friendly as recovery slow, Trader's see CB on hold next 12-mos
Global accommodation lifting EM, China rate/RRR cuts, dovish UK QIR

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USD/CLP hits new 2015 low below 600, on retail sales miss

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