- USD/TWD is currently trading around 30.08 marks.
- It made intraday high at 30.15 and low at 30.00 marks.
- Intraday bias remains neutral till the time pair holds key support at 30.00 marks.
- A daily close above 30.10 will drag the parity up towards key resistances around 30.27, 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 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’s market was trading 0.13 percent lower at 9,843.93 points.
We prefer to take short position in USD/TWD only below 29.90, stop loss at 30.27 and target of 29.76/29.61.


FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro- Major Crypto levels and bias summary
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
FxWirePro- Major Pair levels and bias summary
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
Bitcoin Stuck in No-Man’s-Land: $85K Dip or $100K Breakout Next?
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data 



