- USD/TWD is currently trading around 29.80 marks.
- It made intraday high at 29.81 and low at 29.67 marks.
- Intraday bias remains bullish till the time pair holds key support at 29.64 marks.
- A daily close above 29.68 will drag the parity up towards key resistances around 29.90, 30.02, 30.22 and 30.30 marks respectively.
- On the other side, key support levels are seen at 29.64, 29.50, 29.43, 29.30, 29.15, 29.02, 28.99, 28.89 and 28.77 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- Taiwan April Nikkei markit manufacturing PMI decrease to 54.8 vs previous 55.3.
- Taiwan stocks open up 0.1 pct at 10,665.52 points.
We prefer to take long position on USD/TWD around 29.75, stop loss 29.60 and target of 29.90/30.02.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: NZD/USD eases as NZ unemployment surges in Q2
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish
FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD under pressure as the pair continues to weaken
Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 



