USDPHP - 14Mar2022
On the weekly, USDPHP has been on a bullish uptrend for the last 2 weeks ever since breaking above the parallel channel. In anticipation of the 3rd bar, we could expect this week to be further upside for USDPHP.
On the H4 if the price is able to close above resistance at 52.34, we could expect the price to bounce to 1st Resistance at 52.80. On a cautious note, Stochastic is also approaching resistance.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the weekly, USDPHP has been on a bullish uptrend for the last 2 weeks ever since breaking above the parallel channel. In anticipation of the 3rd bar, we could expect this week to be further upside for USDPHP.
On the H4 if the price is able to close above resistance at 52.34, we could expect the price to bounce to 1st Resistance at 52.80. On a cautious note, Stochastic is also approaching resistance.
This is for personal record purposes only, not financial advise or solicitation of trade.