- USD/TWD is currently trading around 30.51 marks.
- It made intraday high at 30.52 and low at 30.45 marks.
- Intraday bias remains neutral till the time pair holds key resistance at 30.57 mark.
- A daily close above 30.57 will drag the parity up towards key resistances around 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 30.47, 30.33, 30.11, 29.84, 29.70 and 29.46 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 0.14 pct lower at 11,541.60 points.
We prefer to take long position on USD/TWD only above 30.58, stop loss at 30.40 and target of 30.87/31.02.


FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD holds narrow range, focus on near-term support
FxWirePro- Major European Indices
FxWirePro- Woodies pivot (Major)
FxWirePro:GBP/USD recovers some ground but bears are not done yet
USD/CHF Retreats to Key Trend-Line Wall; Buy-Above-0.8000 Strategy Targets Sharp Rally to 0.8150
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50
NZD/JPY Bear Trap: Triple EMA Ceiling Blocks Relief Rally, Sellers Eye 90.50
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro: EUR/ NZD consolidating around 1.9855, room for further gains
EUR/USD Relief Rally Crashes Into 200/365 EMA Wall: Sell-on-Rise Near 1.1600 Targets 1.1435
FxWirePro: AUD/USD firms slightly, but downward resumption looks likely
FxWirePro: GBP/NZD edges lower but bias is bullish
FxWirePro: NZD/USD gains slightly but bearish outlook remains
Sterling Surge: GBP/JPY Smashes Above 214 With Triple EMA Blessing; Bulls Eye 217
FxWirePro: USD/ZAR erases early gains ,looking vulnerable
FxWirePro USD/JPY consolidates above 160.00 level despite fresh currency intervention threats 



