- USD/TWD is currently trading around 30.54 marks.
- It made intraday high at 30.57 and low at 30.40 marks.
- Intraday bias remains bullish till the time pair holds key support at 30.40 mark.
- A daily close above 30.40 will drag the parity up towards key resistances around 30.70, 30.90, 31.17 and 31.42 marks respectively.
- On the other side, key support levels are seen at 30.40, 30.28, 30.15 and 30.05 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 10,969.35 points.
We prefer to take short position on USD/TWD only below 30.40, stop loss at 30.70 and target of 30.15.


FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
FxWirePro: USD/CNY hits 15-month low , scope for further downside
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro- Major Pair levels and bias summary
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 



