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Price Signal Summary: USD Uptrend Extends

LATAM FX
  • USDMXN has traded to a fresh trend high and remains bullish despite finding resistance. The recent breach of 20.7488, Jun 18 high marked a positive break and reinforces the current bull trend. The focus is on 20.9695 next, Mar 24 high. Support is seen at 20.4618, Oct 7 low.
  • USDCLP started the week on a firm note with the pair trading above last week's highs and through 820.00. The USD is firmer again today. This reinforces bullish conditions and confirms an extension of the bullish price sequence of higher highs and higher lows. The focus is on 834.36, 76.4% of the Mar 2020 - May 2021 downleg. Firm short-term support lies at 800.91, the 20-day EMA.

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