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FxWirePro: EUR/AUD eases slightly but trend is still bullish 
- USD/TWD is currently trading around 31.46 marks.
- It made intraday high at 31.51 and low at 31.41 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 31.55 marks.
- A daily close above 31.55 will drag the parity up towards key resistances around 31.74, 31.83, 31.98, 32.12, 32.25, 32.43 and 32.63 marks respectively.
- On the other side, key support levels are seen at 31.38, 31.26, 31.18, 30.99, 30.85 and 30.39 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Taiwan stocks open flat at 9,065.11 points.
We prefer to go short on USD/TWD around 31.48, stop loss 31.74 and target of 31.38/31.26.
