- USD/TWD is currently trading around 29.25 marks.
- It made intraday high at 29.28 and low at 29.24 marks.
- Intraday bias remains neutral for the moment.
- A daily close above 29.32 will drag the parity up towards key resistances around 29.50, 29.65, 29.90, 30.02, 30.22 and 30.30 marks respectively.
- On the other side, key support levels are seen at 29.20, 29.12, 29.02, 28.99, 28.89, 28.77 and 28.49 marks respectively.
- Taiwan stocks open up 0.6 pct at 10,711.15 points.
We prefer to take short position in USD/TWD only below 29.20, stop loss at 29.38 and target of 29.02.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Major Pair levels and bias summary
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro- Major Pair levels and bias summary
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major European Indices
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 



