- USD/TWD is currently trading around 31.65 marks.
- It made intraday high at 31.70 and low at 31.49 marks.
- Intraday bias remains bullish till the time pair holds key support at 31.45 marks.
- A daily close above 31.84 will drag the parity up towards key resistances around 31.98, 32.12, 32.25, 32.43 and 32.63 marks respectively.
- On the other side, key support levels are seen at 31.45, 31.26, 31.18, 30.99, 30.85 and 30.39 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
- Taiwan stocks open up 0.1 pct at 9,322.55 points.
We prefer to go long on USD/TWD around 31.55, stop loss 31.45 and target of 31.84/31.98.


USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: USD/ZAR edges higher but bearish outlook persists
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major European Indices
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Major Crypto levels and bias summary
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 



