FxWirePro- Major Pair levels and bias summary 
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- USD/TWD is currently trading around 29.41 marks.
- It made intraday high at 29.41 and low at 29.29 marks.
- Intraday bias remains bullish till the time pair holds key support at 29.20 mark.
- A daily close above 29.30 will drag the parity up towards key resistances around 29.50, 29.65, 29.90, 30.02, 30.22 and 30.30 marks respectively.
- On the other side, key support levels are seen at 29.20, 29.10, 29.02, 28.99, 28.89, 28.77 and 28.49 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
- Taiwan stocks open flat at 10,962.36 points.
We prefer to take long position on USD/TWD around 29.38 mark, stop loss 29.20 and target of 29.65.
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