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- USD/TWD is currently trading around 32.01 marks.
- It made intraday high at 32.14 and low at 31.93 marks.
- Intraday bias remains slightly bullish for the moment.
- A daily close above 32.00 will drag the parity up towards key resistances around 32.20, 32.32, 32.43 and 32.63 marks respectively.
- On the other side, key support levels are seen at 31.91, 31.72, 31.56, 31.45, 31.38, 31.26, 31.18, 30.99, 30.85 and 30.39 marks respectively.
- Taiwan stocks open down 0.1 pct at 9,234.94 points.
We prefer to take long position in USD/TWD only above 32.02, stop loss 31.89 and target of 32.20/32.32.
