- USD/TWD is currently trading around 31.01 marks.
- It made intraday high at 31.04 and low at 30.85 marks.
- Intraday bias remains slightly bullish till the time pair holds key support at 30.93 marks.
- A daily close above 30.89 will drag the parity up towards key resistances around 31.07, 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 30.89, 30.74, 30.60, 30.48 and 30.39 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
- Taiwan stocks open down 0.1 pct at 9,740.05 points.
We prefer to go long on USD/TWD only above 31.07 with stop loss at 30.85 and target of 31.26.


AUDJPY: Buy-the-Dip Strategy Intact Above 103.80 Despite Profit-Taking Pullback
FxWirePro: NZD/USD maintains bullish bias with focus on 0.5900
0.7870 Break Looms – Next Stop 0.7800 for USDCHF?
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: GBP/USD advances on steady UK GDP growth
ETHUSD Dip: Prime Buy Zone to $3600 Targets
211.55 Ceiling Holds: GBPJPY Profit-Taking Turns Bearish
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
FxWirePro- Major Crypto levels and bias summary
Pound Strike Forces EURGBP Retreat – Next Stop 0.8660?
FxWirePro-Major European Indices
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows 



