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FxWirePro: USD/TWD hits fresh 2-week low at 30.19 mark, Taiwan’s industrial output data in focus

  • USD/TWD is currently trading around 30.28 marks.
     
  • It made intraday high at 30.33 and low at 30.22 marks.
     
  • Intraday bias remains neutral till the time pair holds key support 30.20 mark.
     
  • A daily close above 30.35 will drag the parity up towards key resistances around 30.50, 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 30.20, 30.10, 30.01, 29.90, 29.84, 29.72, 29.61 and 29.28 marks respectively.
     
  • Taiwan stocks open up 0.3 pct at 10,353.37 points.
     
  • Taiwan will release jobless rate at 0800 GMT.

We prefer to take short position in USD/TWD only below 30.20 mark, stop loss at 30.40 and target of 30.01/29.84.

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July 17 12:55 UTC Released

USRedbook MM

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0.1 %

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July 17 12:55 UTC Released

USRedbook YY

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3.3 %

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January 31 00:00 UTC 241268241268m

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-1541 %

January 31 00:00 UTC 241268241268m

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January 22 19:00 UTC 253088253088m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 241268241268m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 241268241268m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 241268241268m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

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