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USD/CLP probes 21-DMA support at 627.50

Source: Thomson Reuters USD/CLP probes 21-DMA (627.50) support area, eyes lower 21-h Bolli support at 625.13 USD selloff post-Fed continues as US liftoff/pace of US hikes questioned, USD broadly offered Copper rallies, m…

By Jay L. Zagorsky
1 min read
USD/CLP probes 21-DMA support at 627.50
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Source: Thomson Reuters


  • USD/CLP probes 21-DMA (627.50) support area,  eyes lower 21-h Bolli support at 625.13

  • USD selloff post-Fed continues as US liftoff/pace of US hikes questioned, USD broadly offered

  • Copper rallies, market eyes further stimulus by China, Fed members dovish

  • USD/CLP Support at 21-DMA by 627.50, 55-DMA by 624.65, 625 daily cloud top

  • Resistance seen at 629.50 hourly high Mar 23, 631.75 daily high Mar 23, 633.93 daily pivot

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