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China GDP May Grow 8.7% In 2021: Daily

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China Repo Rates Rises Thursday

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Shanghai Toughens Housing Markets: Xinhua News

AUSTRALIA DATA

Australia Jan Exports +6.0%; Surplus +AUD10.14 Bn

DOLLAR-PHP TECHS
DOLLAR-PHP TECHS: Bears Need Close Below Php52.381
*RES 4: Php53.071 - High July 3 2006 
*RES 3: Php52.940 - High July 25 2006 
*RES 2: Php52.848 - Bollinger band top 
*RES 1: Php52.773 - 2018 High May 30
*PRICE: Php52.541 @ 2300GMT
*SUP 1: Php52.381 - Low May 28 
*SUP 2: Php52.143 - 55-DMA 
*SUP 3: Php52.056 - High May 10 now support 
*SUP 4: Php51.977 - Daily Bull channel base
*COMMENTARY: Support emerging on dips back towards the 21 & 55-DMAs resulted in
2018 & nearly 12yr highs although follow through has been lacking courtesy of
the Bollinger band top. Bulls focus on Php53.940-53.071 last seen in July 2006.
Initial support is noted at Php52.381 with bears needing a close below to gain
breathing room and target a correction back to Php51.910-143 where the 55 &
100-DMAs and daily bull channel base are found.