- USD/TWD is currently trading around 29.63 marks.
- It made intraday high at 29.65 and low at 29.60 marks.
- Intraday bias remains neutral for the moment.
- A daily close above 29.61 will drag the parity up towards key resistances around 29.65, 29.90, 30.02, 30.22 and 30.30 marks respectively.
- On the other side, key support levels are seen at 29.43, 29.30, 29.15, 29.02, 28.99, 28.89, 28.77 and 28.49 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 0.4 pct at 10,541.83 points.
We prefer to take long position on USD/TWD around 29.60, stop loss 29.40 and target of 30.02.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD bulls struggles as upside momentum fades
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
BTC/USD Eyeing 80,000 USD: Bullish Buy-the-Dip Opportunity Amid Geopolitical Friction
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
NZD/JPY Eyeing 95.00: Bullish Trend Holds Amid Strategic Consolidation
FxWirePro: GBP/USD biased higher but rally currently stretched
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro: NZD/USD softens on Iran peace talk failure
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: USD/JPY holding bid into weekend
ETH/USD Outlook: Ethereum Targets 2,770 USD as Support Holds Near 2,150 USD
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 



