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FxWirePro- Woodies Pivot(Major)

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USD/CLP rises with broad market, eyes upper Bolli resistance

Wednesday, May 27, 2015 5:38 PM UTC

USD/CLP rises with broad market on US rate hike & Greek liquidity issues
Eyes upper Bolli resistance as US yields rise
CL-US 5-yr rate diff tightens to 1 mos low by 268bps, US yields rising
Higher high higher lows & rising momentum signal eyes further USD gains
USD resistance at 616.83 upper 21-d Bolli, 618.57 21-WMA, 623.91 61.8% fib caps
Support up TrendLine at 610.10

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USD/CLP rises with broad market, eyes upper Bolli resistance

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