USDPHP - 07Feb2022
USDPHP is indicating mixed signal. On the higher timeframe, it broke above the triangle for further upside to target around 52.00. On the daily, price rebounded after closing below 20EMA.
On the H4, price bounced back to neckline of h&s with downside target to around 50.58. As long as price stay below the neckline, we could expect further downside for USDPHP
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP is indicating mixed signal. On the higher timeframe, it broke above the triangle for further upside to target around 52.00. On the daily, price rebounded after closing below 20EMA.
On the H4, price bounced back to neckline of h&s with downside target to around 50.58. As long as price stay below the neckline, we could expect further downside for USDPHP
This is for personal record purposes only, not financial advise or solicitation of trade.
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