USDCLP currency pair was under an upward pressure last week as protests in Chile intensified over government policies to change constitution and increase prices of certain products. However, the pressure has just gone much bigger as national strike has been proposed for 21 November. USDCLP has soared more than 4% today, a massive move for a currency pair, only to be reversed by a round 800 psychological level. The question is – given the political instability, could this level hold?
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