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Php50.330 Support Remains Key......>

DOLLAR-PHP TECHS
DOLLAR-PHP TECHS: Php50.330 Support Remains Key
*RES 4: Php50.840 - High July 25 
*RES 3: Php50.730 - High July 26 
*RES 2: Php50.622 - 21-DMA 
*RES 1: Php50.485 - High Aug 2
*PRICE: Php50.370 @ 2300GMT
*SUP 1: Php50.360 - Low Aug 1 
*SUP 2: Php50.330 - Low June 30 
*SUP 3: Php50.179 - 55-DMA 
*SUP 4: Php50.160 - Low June 21
*COMMENTARY: Recent 2017 highs lacked follow through with the correction seeing
the pair gaining traction below the 21-DMA and remaining heavy. Bears continue
to look for a close below Php50.330 to shift focus back to Php50.103-179 where
55 & 100-DMAs are situated. Bulls now look for a close above Php50.485 to gain
breathing room and above the 21-DMA to shift focus back to Php50.840-950 where
2017 highs are located.

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