USDPHP - 20Apr2022
On the H4, price is near the previous highs at around 52.56.
We will need to wait and see whether price can break above this level. Taking into account that Daily and H4 Stochastic is at resistance as well as indicating negative bearish divergence, USDPHP could reverse any moment.
This is for personal work record purposes only, not trade / financial advise or solicitation of trade.
On the H4, price is near the previous highs at around 52.56.
We will need to wait and see whether price can break above this level. Taking into account that Daily and H4 Stochastic is at resistance as well as indicating negative bearish divergence, USDPHP could reverse any moment.
This is for personal work record purposes only, not trade / financial advise or solicitation of trade.