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Bears Need Close Below Php53.147...>

DOLLAR-PHP TECHS
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. 
* Bears continue to look for a close below Php53.147 to hint at a move back to
Php52.267-771. 
* Bulls take comfort in the recovery from dips below the 21-DMA (Php53.371) but
now need a close above Php53.581 to gain breathing room and reconfirm focus on
Php54.325-729 where Dec 2005 highs and the bull channel top are situated.

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