Published: 2026-06-30T06:02:15.000Z
Chart USD/PHP Updates: Lower in consolidation from 61.520 bounce high
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Turned down from the 61.520 high as prices consolidate strong gains from the 60.200 mid-June low
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 62.000 | * | figure | S1 | 61.000 | congestion | ||
| R3 | 61.930 | ** | 5 Jun all-time high | S2 | 60.800 | ** | Mar high | |
| R2 | 61.750 | ** | May high | S3 | 60.500 | * | congestion | |
| R1 | 61.520 | * | 24 Jun high | S4 | 60.200 | ** | congestion |
Asterisk denotes strength of level
05:50 GMT - Turned down from the 61.520 high as prices consolidate strong gains from the 60.200 mid-June low. However, bullish structure from the February low keep focus on the upside and break above 61.520 high will expose the 61.750 and 61.930, May and June YTD highs to retest. Meanwhile, support at the 61.000/60.800 congestion and March high should underpin and limit corrective pullback. Would take break here to open up room for deeper pullback to 60.500 congestion then the critical 62.200 low. Only break of the latter will fade the upside pressure and see deeper pullback to retrace the February/June rally.