- USD/TWD is currently trading around 31.97 mark.
- It made intraday high at 32.07 and low at 31.91 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 32.19 marks.
- A sustain close below 31.87 mark will tests key supports at 31.72, 31.58, 31.40 and 31.17 marks respectively.
- Alternatively, reversal from key support will drag the parity higher back above 32.12 marks to test key resistances at 32.25, 32.43 and 32.63 marks respectively.
We prefer to take short position in USD/TWD around 31.97, stop loss 32.12 and target 31.87/ 31.72.


FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro- Major Crypto levels and bias summary
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower 



