- USD/TWD is currently trading around 31.48 marks.
- It made intraday high at 31.59 and low at 31.48 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 31.65 marks.
- A daily close above 31.61 will drag the parity up towards key resistances around 31.90, 32.46 and 32.78 marks respectively.
- On the other side, key support levels are seen at 31.48, 31.20, 30.98, 30.68, 30.56, 30.45, 30.28, 30.15 and 30.05 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- Taiwan stocks open down 0.2 pct at 10,482.45 points.
- Taiwan May 2019 Nikkei Markit manufacturing PMI increase to 48.4 vs previous 48.2.
We prefer to take short position on USD/TWD around 31.50, stop loss at 31.65 and target of 31.20.


FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm 



