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FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
- USD/TWD is currently trading around 29.53 marks.
- It made intraday high at 29.58 and low at 29.46 marks.
- Intraday bias remains neutral till the time pair holds key support at 29.44 mark.
- A daily close above 29.58 will drag the parity up towards key resistances around 29.65, 29.90, 30.02, 30.22, 30.30, 30.41, 30.50, 30.65, 30.77, 30.90, 31.02 and 31.44 marks respectively.
- On the other side, key support levels are seen at 29.44, 29.37, 29.28, 29.04 and 28.77 marks respectively.
- Taiwan stocks open flat at 10,955.81 points.
We prefer to take short position in USD/TWD only below 29.44, stop loss at 29.65 and target of 29.28/29.04.
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