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Forex - Chart USD/CLP Update: Continuation of the extreme choppy action this week around the key MA's; next support at 660


 11:50 (GMT) 12 Jan

  [Forex Charts]

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Chart USD/CLP Update: Continuation of the extreme choppy action this week around the key MA's; next support at 660 (0100-KCBG-C01)

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Asterisk denotes strength of level

11:50 GMT - USD/CLP spill back below all key MA's at this time looks to be the continuation of the 'seriously choppy' action around all key MA's this week. We can not be confident that the current selloff can be 'sustained' at this time, but if we do see more trend action for this mkt then we are looking to get involved, but not before then. Next support on this chart is seen at 660. R.Z