- USD/TWD is currently trading around 29.61 marks.
- It made intraday high at 29.65 and low at 29.61 marks.
- Intraday bias remains neutral till the time pair holds key resistance at 29.68 marks.
- A daily close above 29.68 will drag the parity up towards key resistances around 29.90, 30.02, 30.22 and 30.30 marks respectively.
- On the other side, key support levels are seen at 29.50, 29.43, 29.30, 29.15, 29.02, 28.99, 28.89 and 28.77 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to take long position on USD/TWD only above 29.68, stop loss 29.50 and target of 29.90/30.02.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off
FxWirePro: USD/CNY edges higher, outlook bearish
FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure
FxWirePro: GBP/AUD under pressure as the pair continues to weaken
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus
FxWirePro: AUD/USD firms after upbeat consumer spending data
Major Pair Currency Scores: GBPUSD, USDCAD, AUDUSD & NZDUSD Lead as Top Bullish Pairs to Watch
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk
FxWirePro: NZD/USD eases as NZ unemployment surges in Q2
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
FxWirePro: AUD/USD grinds higher amid risk appetite revival
NZDJPY Bears Reload: Sell Rallies to 90 as All EMAs Turn Hostile
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: NZD/USD turns lower as USD regains footing 



