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FxWirePro- Major Pair levels and bias summary 
- USD/TWD is currently trading around 31.55 marks.
- It made intraday high at 31.63 and low at 31.49 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 31.74 marks.
- A daily close above 31.74 will drag the parity up towards key resistances around 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 31.48, 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 October PMI at 52.7, highest since September 2014, led by solid output, export orders.
- Taiwan stocks open down 0.2 pct at 9,272.30 points.
We prefer to go short on USD/TWD around 31.60, stop loss 31.74 and target of 31.38.
