- USD/TWD is currently trading around 32.11 marks.
- It made intraday high at 32.22 and low at 32.05 marks.
- Intraday bias remains neutral for the moment.
- A daily close above 32.15 will drag the parity up towards key resistances around 32.32, 32.43 and 32.63 marks respectively.
- On the other side, key support levels are seen at 32.03, 31.91, 31.72, 31.56, 31.45, 31.38, 31.26, 31.18, 30.99, 30.85 and 30.39 marks respectively.
- Taiwan stocks open up 0.1 pct at 9,088.99 points
We prefer to take short position in USD/TWD around 32.15, stop loss 32.32 and target of 31.72.
