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Php51.872 & Php52.213 Levels Now...>

DOLLAR-PHP TECHS
DOLLAR-PHP TECHS: Php51.872 & Php52.213 Levels Now Key
*RES 4: Php52.560 - Low July 18 2006 now resistance 
*RES 3: Php52.501 - 2018 High Feb 19 
*RES 2: Php52.380 - High Feb 20 
*RES 1: Php52.213 - High Mar 8
*PRICE: Php51.985 @ 2300GMT
*SUP 1: Php51.872 - Low Mar 13 
*SUP 2: Php51.639 - Low Feb 23 
*SUP 3: Php51.400 - Low Feb 9 
*SUP 4: Php51.233 - 55-DMA
*COMMENTARY: Initial resistance is now noted at Php52.213 with bulls needing a
close above to gain breathing room and reconfirm initial focus on retests of
2018 highs. Daily studies are at neutral levels but narrowing Bollinger bands
increase the risk of a breakout in the near future. Bears look for a close below
Php51.872 to confirm an easing of bullish pressure and below Php51.639 to shift
initial focus back to Php51.233-400 where the 55-DMA is located.

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