- USD/TWD is currently trading around 30.22 marks.
- It made intraday high at 30.26 and low at 30.11 marks.
- Intraday bias remains neutral for the moment.
- A daily close above 30.24 will drag the parity up towards key resistances around 30.32, 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 30.11, 30.05, 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.
- Taiwan stocks open flat at 9,968.51 points.
We prefer to take short position in USD/TWD around 30.22, stop loss at 30.32 and target of 30.11/30.05.


FxWirePro: USD/CNY hits 15-month low , scope for further downside
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro- Major Pair levels and bias summary
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro: USD/CAD dips below lower range, bearish bias increases
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary 



