On the daily, USDPHP surged and closed above the channel. With Stochastic at resistance, we could expect to have a short-term pullback.
On the H4, price is facing bearish pressure at the 1st Resistance of 52.35. With Stochastic also at resistance, we could expect the price to have a short-term pull back to 1st Support at 51.93.
This is for personal record purposes only, not financial advise or solicitation of trade.
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