FX_IDC:USDPHP   Dollar U.S. / Peso philippin
USDPHP - 11Oct2021

On H4, USDPHP is consolidating at previous breakdown level, we could expect it to drop to retest 1st Support. Stochastic is also indicating bearish momentum.
There is also a slight possibility for the price to retest weekly 1st Support at 49.72 this week.

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