- USD/TWD is currently trading around 31.00 marks.
- It made intraday high at 31.09 and low at 31.00 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 31.22 mark.
- A daily close above 30.99 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 down and confirms the bearish trend in a daily chart.
- Taiwan stock was trading around 0.37 pct higher at 10,838.44 points.
We prefer to take short position on USD/TWD around 31.05 mark, stop loss at 31.25 and target of 30.68/30.56.


FxWirePro- Major Pair levels and bias summary
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro: GBP/NZD range to extend until there is game changing news
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 



