FibonacciTrader
Long

(USD/PHP) Uptrend Channel - March 10, 2018

FX_IDC:USDPHP   U.S. Dollar / Philippine peso
Chart Analysis 6 - US Dollar Philippine Peso (USD/PHP) Uptrend Channel - March 10, 2018
USD/PHP Price Forecast at 55.71 Level.
USDPHP faced with resistance at the upper trend line of the Uptrend Channel , so the price is consolidating. Nevertheless, the pair is likely going to continue moving up towards the next resistance at 53.96 and 55.71-(Potential Reversal Zone of a Bearish Bat Harmonic ). There might be a possible pullback at 51.
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