- USD/TWD is currently trading around 32.40 marks.
- It made intraday high at 32.42 and low at 32.25 marks.
- Intraday bias remains neutral for the moment.
- A daily close above 32.46 will drag the parity up towards key resistances around 32.63, 32.78 and 32.90 marks respectively.
- On the other side, key support levels are seen at 32.22, 32.13, 32.02, 31.91, 31.72, 31.56, 31.45, 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 up and confirms the bullish trend in a daily chart.
- Taiwan stocks open flat at 9,252.56 points.
- Taiwan December PMI rises to 56.2 vs 54.7 in November, sharpest improvement since April 2011.
We prefer to take short position in USD/TWD around 32.40, stop loss 32.58 and target of 32.22/32.02.


FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro : EUR/NZD slips lower after soft US jobs report
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro: EUR/AUD slips after surprise U.S. employment data
FxWirePro- Major Crypto levels and bias summary
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro: USD/ZAR gains some ground, but downtrend remains
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro- Woodies pivot (Major) 



