- USD/TWD is currently trading around 30.13 marks.
- It made intraday high at 30.19 and low at 30.07 marks.
- Intraday bias remains bullish till the time pair holds key support at 30.00 marks.
- A daily close above 30.12 will drag the parity up towards key resistances around 30.40, 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 30.00, 29.92, 29.85, 29.76 and 29.61 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
We prefer to take long position in USD/TWD around 30.10, stop loss at 30.00 and target of 30.23/30.40.


FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 



