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

DOLLAR-PHP TECHS
DOLLAR-PHP TECHS: Php51.200 Support Key
*RES 4: Php52.085 - Monthly Low July 10 2006 now resistance 
*RES 3: Php51.858 - Weekly Bollinger band top 
*RES 2: Php51.850 - 2017 High Oct 27 
*RES 1: Php51.610 - Low Oct 30 now resistance
*PRICE: Php51.580 @ 2300GMT
*SUP 1: Php51.495 - High Jan 30 now support 
*SUP 2: Php51.250 - Low Jan 31 
*SUP 3: Php51.200 - High Jan 29 now support 
*SUP 4: Php50.950 - High Jan 26 now support
*COMMENTARY: Bullish confidence grew with the gapping move higher Tuesday. O/B
daily studies and the Bollinger band top (Php51.617) remain concerns for bulls.
In saying that, bears still need a close below Php51.200 to ease bullish
pressure and shift focus back to Php50.553-857 where key DMAs are situated.
Bulls now need a close above Php51.610 to add support to their case.

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