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Supported Ahead Of Bull Channel....>

DOLLAR-PHP TECHS: Supported Ahead Of Bull Channel Base
*RES 4: Php51.630 - 2017 High Aug 18 
*RES 3: Php51.390 - Low Aug 18 now resistance 
*RES 2: Php51.367 - Bollinger band top 
*RES 1: Php51.295 - High Sept 15
*PRICE: Php51.080 @ 2300GMT
*SUP 1: Php50.832 - 55-DMA 
*SUP 2: Php50.830 - Low Sept 11 
*SUP 3: Php50.786 - Daily Bull channel base 
*SUP 4: Php50.675 - Low Sept 8
*COMMENTARY: Bulls take comfort in support emerging on the dip below the 55-DMA
and ahead of the daily bull channel base. The Php51.295-390 resistance remains
key. Bulls need a close above this region to reconfirm immediate focus on tests
of 2017 highs. The Bollinger top is likely to become an issue on a break higher.
Bears continue to look for a close below Php50.675 to shift focus to the 100-DMA

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