USDPHP is currently in a consolidation phase after a run, and retesting its previous resistance, 56.41. If the USD will remain strong against PHP, we can see it will trade up to 57.51 - 57.99 up to 60.
Factors affecting weakening of PHP:
Debt
www.cnnphilippines.c....86T-march-2023.html
Rampant corruptions
business.inquirer.ne...s-in-the-philippines
Factors affecting weakening of PHP:
Debt
www.cnnphilippines.c....86T-march-2023.html
Rampant corruptions
business.inquirer.ne...s-in-the-philippines