- USD/TWD is currently trading around 30.46 marks.
- It made intraday high at 30.48 and low at 30.38 marks.
- Intraday bias remains neutral till the time pair holds key resistance at 30.50 mark.
- A daily close above 30.57 will drag the parity up towards key resistances around 30.70, 30.87, 31.02, 31.22, 31.40, 31.71 and 31.90 marks respectively.
- On the other side, key support levels are seen at 30.40, 30.27, 30.11, 29.84, 29.70 and 29.46 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Taiwan’s stock was trading 0.48 pct higher at 11,683.27 points.
Positioning is inconclusive at this point. We remain sideways for the time being.


FxWirePro: AUD/USD holds narrow range, focus on near-term support
USD/CHF Retreats to Key Trend-Line Wall; Buy-Above-0.8000 Strategy Targets Sharp Rally to 0.8150
AUDJPY Cracks Below 113: Bearish Breakdown Accelerates Toward 110.50 Target
FxWirePro: GBP/USD hovers near three week low, bearish outlook remains
FxWirePro: USD/ZAR erases early gains ,looking vulnerable
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro: NZD/USD gains slightly but bearish outlook remains
FxWirePro: GBP/AUD eases slightly but trend is still bullish
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
FxWirePro: USD/CAD bulls continue to hold the higher ground
NZD/JPY Bear Trap: Triple EMA Ceiling Blocks Relief Rally, Sellers Eye 90.50
Sterling Surge: GBP/JPY Smashes Above 214 With Triple EMA Blessing; Bulls Eye 217
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
AUD/JPY Dead-Cat Bounce Halted by EMA Wall; Sell-on-Rise Eyes 110.50 Target
FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention 



