Published: 2026-09-01T06:31:56.000Z
Chart USD/PHP Updates: Extending gains to all-time high
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Extending bullish break above 61.950 high last Friday to reach fresh all-time high at 62.410
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 62.900 | projection | S1 | 62.230 | * | 31 Aug high | ||
| R3 | 62.800 | projection | S2 | 62.000 | * | figure | ||
| R2 | 62.500 | figure | S3 | 61.950 | ** | 19 Aug high | ||
| R1 | 62.410 | ** | 31 Aug all-time high | S4 | 61.750 | * | May high |
Asterisk denotes strength of level
06:25 GMT - Extending bullish break above 61.950 high last Friday to reach fresh all-time high at 62.410. Break of the ascending triangle from the 60.170 June low keep focus on the upside to extend the underlying bull trend from the 57.470 February year low. Higher will see scope to target 62.500 level. Beyond this will see room for extension to projection target at 62.800/62.900 area and 63.000 figure. Meanwhile, support is raised to the 62.230 Monday's low. Below this will open up room for pullback to strong support at the 62.000 figure and 61.950/61.930, 19 August and June highs.