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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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2018-02-19 16:32:32
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February 19 13:00 UTC Released

RUReal Wages YY

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6.2 %

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4.6 %

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4.6 %

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RURetail Sales YY

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2.8 %

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3 %

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3.1 %

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-1541 %

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ARTrade Balance

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-1541 %

January 31 00:00 UTC 2845428454m

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ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 2845428454m

ARAnnual Primary Balance*

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2016 bln ARS

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