USD/CLP rising with broad USD strength, Repels resistance by 21-DMA near 613
Friday, May 1, 2015 1:43 PM UTC
- 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