- USD/TWD is currently trading around 30.38 marks.
- It made intraday high at 30.39 and low at 30.25 marks.
- Intraday bias remains neutral till the time pair holds key resistance at 30.50 marks.
- A daily close above 30.50 will drag the parity up towards key resistances around 30.65, 30.77, 30.90, 31.02, 31.15, 31.26 and 31.44 marks respectively.
- On the other side, key support levels are seen at 30.25, 30.14, 30.00, 29.90, 29.84, 29.72, 29.61 and 29.28 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- Taiwan stocks open down 0.1 pct at 10,472.81 points.
We prefer to take long position in USD/TWD only above 30.50, stop loss at 30.25 and target of 30.77/30.90.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro: USD/JPY bears maintain upper hand
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 



