CLP-USD
Correlación entre USD/CLP y Commodities, US rate y otrosPara todo aquel que quiera comprender la correlacion entre el tipo de cambio dolar/peso y variables como la tasa de interes USRATE 10Y, los precios de commodities del oro, plata y cobre, la inflación en chile y la tasa de interes chilena. Se pueden observar bastantes correlaciones
Possibilities for USDCLPHello everyone.
This are 2 possibilities, in my opinion, for the next days.
Possibility 1: The price will up to the resistance and then it'll down (building Head and Shoulders Pattern). So in this case, we have 3 opportunities to trade:
Long trade: Buying now with TP in the resistance
Short trade: Selling when the price stay in the resistance with TP in the actual support.
Short trade: Wait for build Head and Shoulders Pattern and his pullback and then sell.
Possibility 2: The next days we'll have a lateral pattern and is a good opportunities sell in the resistance and buy in the support