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FibonacciTrader99

Philippine Peso Remains Weak Against US Dollar

Long
U.S. Dollar / Philippine peso (FX_IDC:USDPHP)  
FibonacciTrader99 Updated   
FX_IDC:USDPHP   U.S. Dollar / Philippine peso
2
0
Philippine Peso Remains Weak Against US Dollar. If USD/PHP breaks 48.35, the bulls might push this up to 49 for the completion of a Bearish Bat Harmonic Pattern.
Comment:
The Philippine Peso remains weak and did not respect the Potential Reversal of of a Bearish Bat (Check Here for the post fibonaccitrader618.b...h-bat-september.html).
We might see the USD/PHP at 56 level to complete the Potential Bearish Crab.
fibonaccitrader618.b...h-crab-novemver.html
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