FX_IDC:USDPHP   U.S. Dollar / Philippine peso
USDPHP - 15Nov2021

On the daily time frame, price dropped to near 1st support. We could expect it to drop to 1st Support at 49.67 before a bounce.

On the H8 timeframe, price is playing out H&S, price target at 49.19. We could expect it to have a short-term bounce to 1st Resistance at 49.94 before continuing dropping to 2nd Support at 49.29.

This is for personal record purposes only, not financial advise or solicitation of trade.
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