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USD/CLP slips, probes lower 21-h Bolli support by 609.90

USD/CLP down with broad USD move, Chile economic activity rising Support at 609.90 lower 21-h Bolli, 604 recent low area Resistance at 616.33 Mon low/down TrendLine area, 620.18 Apr 23 high Recent floods, lowered product…

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  • USD/CLP down with broad USD move, Chile economic activity rising

  • Support at 609.90 lower 21-h Bolli, 604 recent low area

  • Resistance at 616.33 Mon low/down TrendLine area, 620.18 Apr 23 high

  • Recent floods, lowered productivity, hit to economy expected to be transitory

  • Copper up 0.75%, eyes 2.964 61.8% Fib of 3.294-2.43 range

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