Usdclp support tested
2020-03-04 05:53:42
Long usdclp. Target 830 and higher.
Today "first confirmed" coronavirus case will be the perfect excuse for government. Probably due the big Pharma developing Vaccines are in the States.
Truth is Chile External debt is rosing 200 bi. A breack up will trigger big longs against the peso. Expect currencu exchange up to 500% and more higher during next 1-5 years.
Similar to Turkish Lira USDTRY or USDINR or USDARS developments. All with common factor... External debts.