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Above Php52.560 To Target..........>

DOLLAR-PHP TECHS
DOLLAR-PHP TECHS: Above Php52.560 To Target Php52.847-850
*RES 4: Php52.850 - Monthly High July 18 2006 
*RES 3: Php52.847 - Daily Bull channel top 
*RES 2: Php52.560 - Low July 18 2006 now resistance 
*RES 1: Php52.552 - 2018 High Mar 23
*PRICE: Php52.365 @ 2300GMT
*SUP 1: Php52.235 - High Mar 21 now support 
*SUP 2: Php51.959 - Low Mar 21 
*SUP 3: Php51.930 - Daily Bull channel base off Feb 23 low 
*SUP 4: Php51.853 - Low Mar 16
*COMMENTARY: Immediate pressure resulted in 2018 highs with bulls looking for a
close above Php52.560 to confirm focus on Php52.847-850 where July 2006 monthly
highs are located. The Bollinger top (Php52.331) is the key concern for bulls
with potential to limit follow through. Bears now look for a close below
Php52.235 to ease bullish pressure and shift initial focus back to layers of
support Php51.853-959 where the bull channel base is located.

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