USDPHP - 18Apr2022
USDPHP - 18Apr2022
On the weekly, USDPHP is well above 61.8% Fib retracement at 51.79. We could expect it to bounce further to 78.6% Fib resistance at 52.95 soon.
On the H4, price is consolidating just below the 1st Resistance at 52.25. With the rebound of strength in DXY, USDPHP could very well break above this level to 2nd Resistance at 52.58 next week.
This is for personal work record purposes only, not trade / financial advise or solicitation of trade.
On the weekly, USDPHP is well above 61.8% Fib retracement at 51.79. We could expect it to bounce further to 78.6% Fib resistance at 52.95 soon.
On the H4, price is consolidating just below the 1st Resistance at 52.25. With the rebound of strength in DXY, USDPHP could very well break above this level to 2nd Resistance at 52.58 next week.
This is for personal work record purposes only, not trade / financial advise or solicitation of trade.
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