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USD/CLP rising with broad USD strength, Repels resistance by 21-DMA near 613

USD/CLP rising with broad USD rise (ex-EUR) in light offshore trading, US rate outlook turns up lifts USD Pair repels resistance by 21-DMA near 613, copper rally tempers pace of rise US Markit Mfg PMI at 9.45AM, ISM & U …

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • USD/CLP rising with broad USD rise (ex-EUR) in light offshore trading, US rate outlook turns up lifts USD

  • Pair repels resistance by 21-DMA near 613, copper rally tempers pace of rise

  • US Markit Mfg PMI at 9.45AM, ISM & U Mich at 10AM to hint at US growth

  • USD/CLP support at 610.24 daily pivot, firm at double bottom by 604.20

  • Resistance at 21-DMA by 612.83, 615.72 Apr 25 high, 619.19 upper 21-d Bolli caps

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