- USD/TWD is currently trading around 30.01 marks.
- It made intraday high at 30.10 and low at 29.93 marks.
- Intraday bias remains bearish till the time pair holds key resistance 30.22 mark.
- A daily close above 30.07 will drag the parity up towards key resistances around 30.22, 30.32, 30.50, 30.65, 30.77, 30.90, 31.02, 31.15, 31.26 and 31.44 marks respectively.
- On the other side, key support levels are seen at 29.90, 29.84, 29.72, 29.61 and 29.28 marks respectively.
- Taiwan stocks open up 0.1 pct at 10,584.10 points.
- Taiwan will release CPI as well as WPI data at 0800 GMT.
We prefer to take short position in USD/TWD around 30.05 mark, stop loss at 30.22 and target of 29.72.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro- Major European Indices
FxWirePro: USD/CNY partially recovers early session losses
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY holding bid into weekend
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: EUR/AUD under pressure as key support gives way 



