- USD/TWD is currently trading around 31.40 marks.
- It made intraday high at 31.42 and low at 31.25 marks.
- Intraday bias remains neutral for the moment.
- A daily close above 31.33 will drag the parity up towards key resistances around 31.50, 31.70, 31.90, 32.46 and 32.78 marks respectively.
- On the other side, key support levels are seen at 31.20, 30.98, 30.68, 30.56, 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.
- Taiwan stocks open up 0.7 pct at 10,497.50 points.
- Taiwan will release CPI as well as WPI data around 0800 GMT.
We prefer to take short position on USD/TWD only below 31.20, stop loss at 31.50 and target of 30.98/30.68.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD gains some ground but outlook is bearish
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target 



