- USD/TWD is currently trading around 30.18 marks.
- It made intraday high at 30.24 and low at 30.14 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 30.37 mark.
- A daily close above 30.21 will drag the parity up towards key resistances around 30.37, 30.50, 30.65, 30.77, 30.90, 31.02, 31.15, 31.26 and 31.44 marks respectively.
- On the other side, key support levels are seen at 30.10, 30.03, 29.90, 29.72, 29.61 and 29.28 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current down side movement is short term trend correction only.
We prefer to take short position in USD/TWD around 30.20, stop loss at 30.37 and target of 30.01 mark.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout
FxWirePro: EUR/AUD gains slightly, but downward resumption looks likely
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro: AUD/USD eases slightly as markets await U.S. Payrolls report
FxWirePro: NZD/USD softens despite firm expectations for RBNZ tightening
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
NZDJPY Bears Ready to Strike: Sell Rallies at 93 as EMAs Signal Deeper Slide to 90
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560
Currency Score Alert: GBPUSD, AUDUSD & NZDUSD Top the Charts at 85 – Major Levels to Watch for Bullish Breakouts
AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide 



