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USD/CLP drifts higher with 10-HMA by 635.47

Wednesday, June 17, 2015 1:40 PM UTC

Hedge Funds exit USD short ahead of FOMC, move from large buyers of CLP to sellers, RM also sold CLP
HFs tipped as sellers of, highly correlated, copper as well, weighs on CLP
USD/CLP drifts higher with 10-HMA (635.47) in early NorAm
Support at 634.14 daily pivot, 631.73 10-DMA
USD shorts exit pre-Fed, daily pivot resistance at 637.69, upper 21-d Bolli 643.69

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USD/CLP drifts higher with 10-HMA by 635.47

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