- USD/TWD is currently trading around 30.05 marks.
- It made intraday high at 30.19 and low at 29.99 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 30.23 mark.
- A daily close above 30.16 will drag the parity up towards key resistances around 30.31, 30.48, 30.69, 30.90, 31.02, 31.15, 31.26, 31.78, 31.98, 32.12, 32.25, 32.43 and 32.63 marks respectively.
- On the other side, key support levels are seen at 29.90, 29.84, 29.72, 29.61 and 29.28 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 up 0.2 pct at 10,059.91 points.
We prefer to take short position in USD/TWD only below 30.00, stop loss at 30.23 and target of 29.90/29.72/29.50/29.28.


FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro: USD/ZAR gains some ground, but downtrend remains
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro- Major Crypto levels and bias summary
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro: GBP/AUD eases slightly, focus on near-term support
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data 



