- USD/TWD is currently trading around 30.38 marks.
- It made intraday high at 30.45 and low at 30.34 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 30.50 mark.
- A daily close above 30.42 will drag the parity up towards key resistances around 30.50, 30.70, 30.90, 31.17 and 30.42 marks respectively.
- On the other side, key support levels are seen at 30.38, 30.22, 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 up 0.3 pct at 10,638.90 points.
- Taiwan will release trade balance data at 0800 GMT.
We prefer to take short position on USD/TWD around 30.40, stop loss at 30.50 and target of 30.22.


FxWirePro: AUD/USD firms on hawkish RBA meeting minutes
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook
NZDJPY: Bearish Signals Sell-on-Rally Opportunity Below 92
FxWirePro: USD/JPY extends fall as yen rises on intervention fears
FxWirePro: USD/CAD slips as oil rally boosts loonie
FxWirePro: GBP/AUD loses momentum but bullish setup remains
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major US Indices 



