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FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Major pair levels and bias summary 
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- USD/TWD is currently trading around 30.49 marks.
- It made intraday high at 30.55 and low at 30.41 marks.
- Intraday bias remains neutral till the time pair holds key resistance at 30.57 marks.
- A daily close above 30.48 will drag the parity up towards key resistances around 30.57, 30.72, 30.90, 31.02, 31.15, 31.26, 31.78, 31.98, 32.12, 32.25, 32.43 and 32.63 marks respectively.
- On the other side, key support levels are seen at 30.35, 30.24 and 30.05 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Taiwan February unemployment rate 3.83 pct s/adj vs 3.84 pct previous release.
We prefer to take long position in USD/TWD only above 30.57, stop loss at 30.35 and target of 30.97.
