FX_IDC:USDPHP   U.S. Dollar / Philippine peso
USDPHP - 12Apr2022

On the daily, USDPHP is nearing 78.6% Fib at 52.24. If price can close back above 78.6% Fib resistance at 52.24, we could expect price to retest the recent highs at 52.56

On the H4, price continue to bounce higher and reconfirm above all the 3 MAs. We could expect further upside to 52.58.

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