USDPHP - 29Nov2021
On the weekly, price ended last week with a doji. With DXY pulling back, USDPHP with turn neutral for this week and need to observe closely for further directional bias.
On the H4 timeframe, prices are still not able to close above all 3 MAs. Price action could be short-term bearish for now.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the weekly, price ended last week with a doji. With DXY pulling back, USDPHP with turn neutral for this week and need to observe closely for further directional bias.
On the H4 timeframe, prices are still not able to close above all 3 MAs. Price action could be short-term bearish for now.
This is for personal record purposes only, not financial advise or solicitation of trade.