- USD/TWD is currently trading around 30.16 marks.
- It made intraday high at 30.20 and low at 30.09 marks.
- Intraday bias remains slightly bullish till the time pair holds key support at 30.07 mark.
- A daily close above 30.15 will drag the parity up towards key resistances around 30.22, 30.30, 30.41, 30.50, 30.65, 30.77, 30.90, 31.02, 31.15, 31.26 and 31.44 marks respectively.
- On the other side, key support levels are seen at 30.07, 30.01, 29.90, 29.72, 29.61 and 29.28 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Taiwan stocks open up 0.2 pct at 10,790.35 points.
We prefer to take long position in USD/TWD only above 30.22, stop loss at 30.07 and target of 30.41 mark.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: EUR/ NZD recovers some ground but bears are not done yet
Euro Stabilizes Near 1.1713 as IFO Weakness Meets Oil Volatility; 1.1800 in Focus
FxWirePro: GBP/USD gains on upbeat UK retail sales data
FxWirePro: EUR/ NZD under pressure after early buying dries up
FxWirePro: EUR/AUD edges higher but bearish outlook persists
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR gains upside momentum as bulls take charge
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ JPY remains buoyant, looks to extend gains
Bitcoin Flat Near 77k as US-Iran Tensions Escalate; ETF Inflows Near $1B for the Week
FxWirePro: EUR/AUD tight ranges prevail as market waits for fresh catalyst
GBPJPY Rises on Solid UK Data: Dip-Buy Setup at 214.6 Eyes 217
FxWirePro: GBP/NZD downtrend loses momentum but bearish setup remains
NZDJPY Dip-Buy Setup: 93.58 Holds as Bulls Eye 95–96
FxWirePro-Major European Indices
ETHUSD Dips to 2285 Then Rebounds on $150–$200M ETF Inflows and Altcoin Upside 



