- USD/TWD is currently trading around 29.75 marks.
- It made intraday high at 29.87 and low at 29.73 marks.
- Intraday bias remains bearish for the moment.
- A daily close above 30.02 will drag the parity up towards key resistances around 30.22, 30.40, 30.70, 30.87, 31.02, 31.22, 31.40, 31.71 and 31.90 marks respectively.
- On the other side, key support levels are seen at 29.70, 29.46, 29.28, 29.11 and 29.00 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Taiwan’s stock was trading around 2.00 pct higher at 10,992.55 points.
We prefer to take short position in USD/TWD around 29.82, stop loss at 30.02 and target of 29.46/29.28.


GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish
FxWirePro- Woodies pivot (Major)
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
FxWirePro: AUD/USD softens as risk appetite abates
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble 



