- USD/TWD is currently trading around 30.83 marks.
- It made intraday high at 31.04 and low at 30.83 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 31.05 mark.
- A daily close above 30.93 will drag the parity up towards key resistances around 31.18, 31.28, 31.42 and 31.77 marks respectively.
- On the other side, key support levels are seen at 30.70, 30.45, 30.28, 30.15 and 30.05 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
- Taiwan stocks open up 0.1 pct at 9,811.58 points.
We prefer to take long position on USD/TWD around 30.70, stop loss at 30.45 and target of 31.05/31.42.


FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro- Major Pair levels and bias summary
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness 



