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- USDCLP remains above recent lows and is firmer today. The outlook is bullish despite recent weakness. This follows sharp gains from 690.32, May 10 low.
- The climb has exposed the next area of resistance between 740.22, Mar 29 high and 743.10, Mar 8 high. Clearance of these two levels would open 751.20, Jan 13 high and a key resistance. Support is seen at 710.46, May 18 low. A break would be bearish.