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Php51.790 Support Key Today *RES...>

DOLLAR-PHP TECHS
DOLLAR-PHP TECHS: Php51.790 Support Key Today
*RES 4: Php52.560 - Low July 18 2006 now resistance 
*RES 3: Php52.226 - Daily Bull channel top 
*RES 2: Php52.085 - Monthly Low July 10 2006 now resistance 
*RES 1: Php52.000 - 2018 High Feb 13
*PRICE: Php51.980 @ 2300GMT
*SUP 1: Php51.840 - Low Feb 13 
*SUP 2: Php51.790 - High Feb 9 now support 
*SUP 3: Php51.420 - Alternating daily support/resistance 
*SUP 4: Php51.353 - Daily Bull channel base
*COMMENTARY: The Php51.420 level has provided the base for a rally to fresh 2018
& 11+ yr highs with bulls now focused on Php52.085-560 where the daily bull
channel top and levels last seen in 2006 are located. Bears now look for a close
below Php51.790 to ease immediate bullish pressure and hint at a correction back
to Php51.353-420. Below the bull channel base then targets Php50.896-51.182
where 21 & 100-DMAs are located.

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