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FxWirePro- Major Pair levels and bias summary 
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- USD/TWD is currently trading around 31.86 marks.
- It made intraday high at 31.99 and low at 31.77 marks.
- Intraday bias remains bullish till the time pair holds key support at 31.50 marks.
- A daily close above 31.99 will drag the parity up towards key resistances around 32.08, 32.18, 32.25, 32.43 and 32.63 marks respectively.
- On the other side, key support levels are seen at 31.50, 31.38, 31.26, 31.18, 30.99, 30.85 and 30.39 marks respectively.
- Taiwan stocks open up 0.2 pct at 9,146.72 points.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- Taiwan will release industrial output data at 0800 GMT.
We prefer to go long on USD/TWD around 31.80, stop loss 31.50 and target of 31.99/32.08/32.18/32.43.
