- USD/TWD is currently trading around 30.77 marks.
- It made intraday high at 30.82 and low at 30.67 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 30.90 mark.
- A daily close above 30.75 will drag the parity up towards key resistances around 31.02, 31.22, 31.40, 31.71, 31.90, 32.46 and 32.88 marks respectively.
- On the other side, key support levels are seen at 30.54, 30.38 and 30.11 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position on USD/TWD around 30.80, stop loss 31.02 and target of 30.54/30.38.


Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling
FxWirePro: AUD/ USD strongly bearish despite upside attempts
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110
FxWirePro- Major European Indices
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 



