International Trading

Forex − Chart USD/CLP Update: Resting at 480 into the new week

Friday, October 1, 2010 , Posted by Usman Ali Minhas at 10:27 PM

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Published at 17:45 (GMT) 01 Oct
chart



1:45 EDT - USD/CLP took out the next key support at 481.60 and is resting near 480 into the new week. The extreme just keeps on getting more extreme.
Only minor support below 480 comes in at 473. The next layer of key support is not seen until 460/30. R.Z

R5: 502.5 * 50-day MA
R4: 500 * break level
R3: 496.2 break level
R2: 492.05 * break level
R1: 486.5 24 Sep close
S1: 480 break level
S2: 473 May '08 high
S3: 460 * Apr '08 high
S4: 443 Apr '08 low
S5: 430 ** Mar '08 low

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