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NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop 
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop 
- USD/TWD is currently trading around 30.08 marks.
- It made intraday high at 30.10 and low at 29.92 marks.
- Intraday bias remains neutral till the time pair holds key support at 30.30 mark.
- A daily close above 30.01 will drag the parity up towards key resistances around 30.20, 30.31, 30.48, 30.69, 30.90, 31.02, 31.15, 31.26, 31.78, 31.98, 32.12, 32.25, 32.43 and 32.63 marks respectively.
- On the other side, key support levels are seen at 30.01, 29.92, 29.85, 29.72, 29.61 and 29.28 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Taiwan stocks open flat at 9,994.68 points.
- Taiwan will release industrial output data at 0800 GMT.
We prefer to take short position in USD/TWD around 30.15, stop loss at 30.31 and target of 29.91/29.72.
