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FxWirePro: USD/ZAR gains some ground, but downtrend remains 
- USD/TWD is currently trading around 31.43 mark.
- It made intraday high at 31.55 and low at 31.35 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 31.72 marks.
- A sustain close below 31.35 mark will test key supports at 31.13 and 30.99 marks respectively.
- Alternatively, reversal from key support will drag the parity up towards key resistances around 31.72, 31.98, 32.12, 32.25, 32.43 and 32.63 marks respectively.
- Taiwan December unemployment rate 3.82 pct vs 3.84 pct previous release s/adj.
- Taiwan stocks open up 0.4 pct at 9,363.66 points.
We prefer to take short position in USD/TWD around 31.45, stop loss 31.72 and target 31.35/31.13/30.99/30.85.
