Forex - Chart USD/PHP Updates: Corrective bounce eyeing daily down trendline


Published at 02:03 (GMT) 31 Jul

   

Chart USD/PHP Updates: Corrective bounce eyeing daily down trendline (VTOC7301)

31 Jul USD / PHP Daily

01::19 GMT - Opening strength is extending corrective upmove towards daily down trendline at 43.510 and ability to clear the latter will warrant further call on the upside. Setback below 43.375 support to help bears reverse current rebound. [W.T]
R5: 43.95 25 Jun high
R4: 43.73 20 Jun low
R3: 43.69 * 30 Jun high
R2: 43.67 15 Jul high
R1: 43.51 * 9 Jun low/T-line fr 24/3 high

S1: 43.375 25 Jul high
S2: 43.25 28 Jul low
S3: 43.19 * 24 Jul low
S4: 43.15 31 Oct low
S5: 43.10 29/30 Oct lows

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