USD/PHP Quick Analysis U.S. DOLLAR / PHILIPPINE PESOFX_IDC:USDPHPJunmadayag Daily Chart (big picture) * Strong bullish trend: Price sitting comfortably above both EMAs (golden cross long ago). * Recent breakout to fresh highs (~61+). * Key daily S/R levels marked in green (support ~59.40 / resistance zone near 60.00–61.00). * Current price 60.71 is holding the breakout area. * 4H Chart (short-term zoom) * Uptrend still alive: Price riding above orange 50EMA + upward dashed trendline. * Holding nicely above 0.618 Trend-based Fib (~60.42). * Next Fib targets clearly visible: 61.05 → 61.87 → 62.69. Bullish scenario (most likely right now) Break & close above 61.05 → fast move to 61.87–62.69. Bearish scenario (if it fails) Rejection at 61.00 → quick drop to 59.50 support or even 58.39.