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Php52.773-53.147 Support Region....>

DOLLAR-PHP TECHS
DOLLAR-PHP TECHS: Php52.773-53.147 Support Region Key
*RES 4: Php54.325 - High Dec 2 2005 
*RES 3: Php53.990 - 2006 High June 16 
*RES 2: Php53.620 - High June 29 2006 
*RES 1: Php53.513 - 2018 High June 18
*PRICE: Php53.250 @ 2300GMT
*SUP 1: Php53.147 - High June 12 now support 
*SUP 2: Php52.945 - Low June 12 
*SUP 3: Php52.773 - High May 30 now support 
*SUP 4: Php52.490 - Low June 8
*COMMENTARY: Fresh 2018 & nearly 12 year highs have seen bulls focused on
Php53.620-990 where levels last seen in June 2006 are located. Daily studies at
O/B remains an issue as does the Bollinger top (Php53.528) which limits follow
through and recent topside hesitation. Initial support is noted at Php53.147
with bears needing a close below to gain breathing room and below Php52.773 to
shift focus to Php52.056-490.

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