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FxWirePro: USD/TWD remains well supported above 29.00 mark, bias remains neutral

  • USD/TWD is currently trading around 29.22 marks.
     
  • It made intraday high at 29.24 and low at 29.11 marks.
     
  • Intraday bias remains neutral for the moment.
     
  • A daily close above 29.20 will drag the parity up towards key resistances around 29.32, 29.50, 29.65, 29.90, 30.02, 30.22 and 30.30 marks respectively.
  • On the other side, key support levels are seen at 28.99, 28.89, 28.77 and 28.49 marks respectively.
     
  • Taiwan stocks open down 0.1 pct at 11,151.65 points.

We prefer to take long position in USD/TWD only above 29.32, stop loss at 29.08 and target of 29.50/29.90.

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2018-08-21 16:54:03
0m

August 21 12:55 UTC Released

USRedbook YY

Actual

4.7 %

Forecast

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4.5 %

August 21 12:55 UTC Released

USRedbook MM

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0.2 %

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0.1 %

January 31 00:00 UTC 292069292069m

ARAnnual Primary Balance*

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2016 bln ARS

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January 31 00:00 UTC 292069292069m

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2016 bln ARS

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January 22 19:00 UTC 303889303889m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 292069292069m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 303889303889m

ARTrade Balance

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Forecast

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-1541 %

January 31 00:00 UTC 292069292069m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 292069292069m

ARAnnual Primary Balance*

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2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 292069292069m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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