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FxWirePro: USD/ CNY gains some upside momentum but still bearish

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USD/CLP near flat, despite weak copper, Chinese accommodation

Monday, March 2, 2015 2:52 PM UTC

Source: Thomson Reuters

USD/CLP eyes 10-DMA resistance by 618.50
Pair near flat, despite weak copper, Chinese accommodation
USD lifted as US PCE data mostly on target, supports mid-year US hike
USD/CLP support at 616.25/ recent low area, 613.45 lwr 21-d Bolli
Resistance at 618.56 today's high/10-DMA area, 621.05 38.2% Fib of 631.8-614.4

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USD/CLP near flat, despite weak copper, Chinese accommodation

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