- USD/TWD is currently trading around 29.92 marks.
- It made intraday high at 29.95 and low at 29.84 marks.
- Intraday bias remains neutral till the time pair holds key support at 29.80 mark.
- A daily close above 30.02 will drag the parity up towards key resistances around 30.15, 30.40, 30.70, 30.87, 31.02, 31.22, 31.40, 31.71 and 31.90 marks respectively.
- On the other side, key support levels are seen at 29.84, 29.70 and 29.46 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Taiwan’s stock was trading 0.37 pct lower at 12,047.51 points.
We prefer to take short position on USD/TWD only below 29.80, stop loss at 30.02 and target of 29.70/29.46.


Major European Indices
NZDJPY Breaks Out: Bullish Momentum Ignites Above 91.78 Barrier
FxWirePro:USD/CAD bears capitalize on dollar decline
EUR/GBP Holds the Line: Buy the Dip Before the Breakout?
FxWirePro: USDJPY neutral in the near-term, scope for downward resumption
FxWirePro:NZD/USD rallies as demand for USD dries up
FxWirePro: USD/ZAR recovers slightly but bears are not done yet
NZDJPY Power Play: Bulls Defend 90.80 – Eyes on 95 Breakout
FxWirePro: AUD/USD remains buoyant, looks to extend gains
FxWirePro: AUD/USD maintains bullish bias with focus on 0.6800 level
AUDJPY Pulls Back but Bulls Defend 105 – Dip-Buy Setup to 107?
FxWirePro: GBP/USD climbs to one-week peak as dollar sags
EUR/GBP Holds the Line: Buy the Dip Before the Breakout?
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD drifts lower, vulnerable to more downside
FxWirePro: GBP/AUD momentum strongly bearish despite pause in losses
FxWirePro: USD/JPY struggles as Trump's Greenland gambit rattles markets 



