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Focus Returns To 2018 High *.......>

DOLLAR-PHP TECHS
DOLLAR-PHP TECHS: Focus Returns To 2018 High
* 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 (Php53.394) that
reconfirms immediate focus on Php54.325-795 where Dec 2005 highs and the bull
channel top are situated. 
* Bulls now need a close above Php54.325 to add support to their case.

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