- USD/TWD is currently trading around 29.88 marks.
- It made intraday high at 29.99 and low at 29.88 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 30.02 mark.
- A daily close above 30.02 will drag the parity up towards key resistances around 30.15, 30.40, 30.70, 30.87, 31.02, 31.22, 31.40, 31.71 and 31.90 marks respectively.
- On the other side, key support levels are seen at 29.84, 29.70 and 29.46 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Taiwan’s stock was trading 0.60 pct higher at 12,097.51 points.
We prefer to take short position on USD/TWD around 29.90, stop loss at 30.02 and target of 29.70/29.46.


FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally
FxWirePro: NZD/USD cautiously bid as traders sense end to Iran war
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum
Yen Resurgence Drives GBPJPY to 2.5-Week Low: Sellers Aim for 208.00
FxWirePro: GBP/NZD uptrend loses momentum but bullish setup remains
FxWirePro: USD/ZAR loses momentum but outlook is bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD gains some upside momentum but still bearish
FxWirePro: EUR/AUD retreats slightly but trend is still bullish
FxWirePro- Major European Indices
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity 



