Monday, September 12, 2016

Philippine Peso (PHP) Remains Weak against US Dollar (USD)

US Dollar (USD) is getting stronger against the Philippine Peso (PHP). As per technical of view there is a Emerging Bearish ABCD that is forming with Potential Reversal Zone (PRZ) at 47.88. Resistance is seen at 47.25 and support at 47.03.

RSI is approaching at trendline resistance.


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