Php51.200 Support Key *RES 4:......>

DOLLAR-PHP TECHS: Php51.200 Support Key

*RES 4: Php51.850 - 2017 High Oct 27 

*RES 3: Php51.811 - Weekly Bollinger band top 

*RES 2: Php51.610 - Low Oct 30 now resistance 

*RES 1: Php51.500 - 2018 High Jan 30

*PRICE: Php51.295 @ 2300GMT

*SUP 1: Php51.250 - Low Jan 31 

*SUP 2: Php51.200 - High Jan 29 now support 

*SUP 3: Php50.950 - High Jan 26 now support 

*SUP 4: Php50.720 - Low Jan 25

*COMMENTARY: Bullish confidence grew with the gapping move higher Tuesday. O/B

daily studies and the Bollinger band top (Php51.514) remain concerns for bulls.

In saying that, bears still need a close below Php51.200 to ease bullish

pressure and below Php50.720 to shift focus back to key DMAs Php50.546-600 where

21, 55 & 200-DMAs are clustered. Bulls currently focus on 2017 highs which

Php51.200 supports.