- USD/TWD is currently trading around 31.01 marks.
- It made intraday high at 31.06 and low at 31.00 marks.
- Intraday bias remains neutral for the moment.
- A daily close above 31.17 will drag the parity up towards key resistances around 31.40, 31.50, 31.77, 31.90 and 32.46 marks respectively.
- On the other side, key support levels are seen at 30.89, 30.68, 30.56, 30.45, 30.28, 30.15 and 30.05 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Taiwan stock was trading around 0.14 pct higher at 10,891.44 points.
We prefer to take short position on USD/TWD only below 30.89 mark, stop loss at 31.22 and target of 30.68/30.56.


FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro: GBP/NZD stuck in range but outlook is bullish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro- Woodies pivot (Major)
FxWirePro- Major European Indices
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major) 



