PSE Financials Index Return to the Uptrend Line - May 14, 2018

The PSE Financials Index went back above the Uptrend Line Support after the Banko Sentral ng Pilipinas (BSP) raises the key interst rates by 25 basis points. This sector will be benefitted for the recent interest rates increase.

Resistance levels are at 1943, 1981 and 2038. Support levels are at 1889 and 1852.

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