Here we have an update to the USDCLP daily chart...the selloff since the highs in May 2019 looks impulsive in nature and we are forming a very clear 5 wave sequence to the downside.
This is implying that there is a meaningful top in place, a break below 675 will open the floodgates for 659 where we may see some consolidation (4th wave) before marking the 'C'...
