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USD/CLP steady near 621, holds 50-DMA support

Source: Thomson Reuters USD/CLP steady on the day near 621, holds 50-DMA support by 619.25 Copper quiet due to Chinese New Year, Chile rates on hold (3%) due to above target inflation USD/CLP support at 619.25 50-DMA, 61…

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USD/CLP steady near 621, holds 50-DMA support
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Source: Thomson Reuters


  • USD/CLP steady on the day near 621, holds 50-DMA support by 619.25

  • Copper quiet due to Chinese New Year, Chile rates on hold (3%) due to above target inflation

  • USD/CLP support at 619.25 50-DMA, 616.75 Feb 16 low, 611.39 76.4% Fib

  • Resistance at 622.86 10-DMA, 624.32 21-DMA, 631.80 Feb 11 high

  • Market focused on June rate liftoff

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