Published: 2026-10-19T06:36:15.000Z
Chart USD/PHP Updates: Consolidating at 63.150 all-time high
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Saw break above the 63.000 level last Friday to reach fresh all-time high at 63.150
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 64.100 | projection | S1 | 62.500 | * | congestion | ||
| R3 | 64.000 | figure | S2 | 62.270 | ** | Sep low | ||
| R2 | 63.570 | projection | S3 | 61.950 | ** | Jun high | ||
| R1 | 63.150 | ** | 16 Oct YTD high | S4 | 61.750 | * | May high |
Asterisk denotes strength of level
06:30 GMT - Saw break above the 63.000 level last Friday to reach fresh all-time high at 63.150. Bullish gains from the August low keep pressure on the upside and further gains cannot be ruled out. Higher will see room to extend the underlying bull trend to the 63.500/63.5700 projection targets. Meanwhile, support remains at the 62.500 congestion and extend to the 62.270, 25 September month low. Would take break of the latter to fade the upside pressure and open up room for deeper pullback to retrace gains from the 60.600 August low towards strong support at the 61.950/61.750, June and May highs.