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FxWirePro: USD/TWD hovers around 32.00 mark, consistent close above targets 32.32

Wednesday, December 21, 2016 2:31 AM UTC

USD/TWD is currently trading around 32.01 marks.
It made intraday high at 32.14 and low at 31.93 marks.
Intraday bias remains slightly bullish for the moment.
A daily close above 32.00 will drag the parity up towards key resistances around 32.20, 32.32, 32.43 and 32.63 marks respectively.
On the other side, key support levels are seen at 31.91, 31.72, 31.56, 31.45, 31.38, 31.26, 31.18, 30.99, 30.85 and 30.39 marks respectively.
Taiwan stocks open down 0.1 pct at 9,234.94 points.

We prefer to take long position in USD/TWD only above 32.02, stop loss 31.89 and target of 32.20/32.32.

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FxWirePro: USD/TWD hovers around 32.00 mark, consistent close above targets 32.32

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