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DOLLAR-PHP TECHS: Bears Need Close Below Php53.147
* Follow through has been lacking on recent 2018 & 12+yr highs which is less
than ideal for bulls with daily studies lingering at O/B levels and the
Bollinger top (Php53.645) just above.
* Bears look for a close below Php53.147 to hint at a move back to Php52.267-636
with below Php52.773 to add weight to the case.
* While the 21-DMA supports bulls maintain focus on tests of the daily bull
channel top around Php54.663 today.