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Supported Ahead Of 55-DMA *........>

DOLLAR-PHP TECHS
DOLLAR-PHP TECHS: Supported Ahead Of 55-DMA
* Follow through has been lacking on recent 2018 & 12+yr highs which is less
than ideal for bulls. 
* The dip below Php53.147 has so far lacked follow through. 
* Bears continue to look for a close below Php52.771 to confirm traction below
the 55-DMA and daily bull channel base and shift initial focus to Php52.490-568
where the 100-DMA is found. 
* Bulls now look for a close above Php53.548 to reconfirm focus on retests of
2018 highs and above Php54.325 to confirm focus on the daily bull channel top
coming in around Php54.970 today.

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