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USDCLP Extends Intra-Day Reversal, Now Up 1% On Session

CHILE
  • USDCLP extends intra-day advance to 1% in recent trade and closely matching the touted target level of 962.84 next, the Oct 25 ‘22 low and a gap high on the daily chart. Further strength and a sustained clearance of this level signals scope for 985.84, the Oct 25 ‘22 high.
  • There is no further data this week on the local docket, with the next notable release the BCCH minutes on Feb 15.

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