- USD/TWD is currently trading around 30.61 marks.
- It made intraday high at 30.65 and low at 30.56 marks.
- Intraday bias remains bullish till the time pair holds key support at 30.40 mark.
- A daily close above 30.62 will drag the parity up towards key resistances around 30.70, 30.90, 31.17 and 31.42 marks respectively.
- On the other side, key support levels are seen at 30.40, 30.28, 30.15 and 30.05 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- Taiwan stocks open flat at 11,072.70 points.
We prefer to take long position on USD/TWD around 30.60, stop loss at 30.40 and target of 30.90.


FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD dips below lower range, bearish bias increases
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
FxWirePro: USD/CNY hits 15-month low , scope for further downside
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 



