- USD/TWD is currently trading around 31.07 marks.
- It made intraday high at 31.10 and low at 30.96 marks.
- Intraday bias remains bullish till the time pair holds key support at 30.89 mark.
- A daily close above 31.05 will drag the parity up towards key resistances around 31.22, 31.40, 31.50, 31.77, 31.90 and 32.46 marks respectively.
- On the other side, key support levels are seen at 30.89, 30.68, 30.56, 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 stock was trading around 1.04 pct lower at 10,751.55 points.
We prefer to take long position on USD/TWD around 31.00 mark, stop loss at 30.85 and target of 31.40.


FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro- Major European Indices
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop 



