- USD/TWD is currently trading around 30.88 marks.
- It made intraday high at 30.90 and low at 30.77 marks.
- Intraday bias remains neutral till the time pair holds key resistance at 30.90 mark.
- A daily close above 30.90 will drag the parity up towards key resistances around 31.02, 31.17 and 31.42 marks respectively.
- On the other side, key support levels are seen at 30.70, 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 0.5 pct at 10,665.29 points.
- Taiwan will release CPI as well WPI data at 0800 GMT.
We prefer to take long position on USD/TWD only above 30.90, stop loss at 30.70 and target of 31.42.


FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
FxWirePro: USD/ZAR continues to recovers , upside pressure builds
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
FxWirePro- Major European Indices
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
FxWirePro: GBP/USD stuck in range but maintains bearish bias
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
FxWirePro: GBP/NZD reverses course, bias back to downside
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum
FxWirePro: EUR/NZD remains under pressure as key support gives way
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel 



