- USD/TWD is currently trading around 31.96 mark,
- It made intraday high at 32.02 and low at 31.86 marks.
- Intraday bias remains bullish till the time pair holds key support at 31.87 marks.
- A sustain close below 31.87 mark will tests key supports at 31.72, 31.58, 31.40 and 31.17 marks respectively.
- Alternatively, reversal from key support will drag the parity higher back above 32.06 marks to test key resistances at 32.17, 32.25, 32.43 and 32.63 marks respectively.
- In addition, Taiwan stocks open flat at 8,952.61 points and currently trading around 0.55% higher at 8,998.82 points.
We prefer to take long position in USD/TWD around 31.90, stop loss 31.85 and target 32.06/ 32.25 marks.


Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro: GBP/USD steadies ahead key data, BoE event risk
FxWirePro: AUD/USD dips on soft China data
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop 



