- 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 Pair levels and bias summary
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro- Woodies Pivot(Major)
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 



