- USD/TWD is currently trading around 30.87 marks.
- It made intraday high at 30.93 and low at 30.87 marks.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 31.05 mark.
- A daily close above 30.90 will drag the parity up towards key resistances around 31.05, 31.18, 31.28, 31.42 and 31.77 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. Current downside movement is short term trend correction only.
- Taiwan stocks open down 0.6 pct at 9,989.63 points.
We prefer to take long position on USD/TWD only above 31.05, stop loss at 30.70 and target of 31.42.


FxWirePro- Major European Indices
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
FxWirePro: GBP/NZD reverses course, bias back to downside
FxWirePro- Major Pair levels and bias summary
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
FxWirePro- Major European Indices
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
FxWirePro: USD/ZAR continues to recovers , upside pressure builds 



