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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