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FxWirePro- Woodies pivot (Major) 
- USD/TWD is currently trading around 30.03 marks.
- It made intraday high at 30.07 and low at 29.99 marks.
- Intraday bias remains neutral till the time pair holds key support at 29.94 mark.
- A daily close above 30.15 will drag the parity up towards key resistances around 30.22, 30.40, 30.70, 30.87, 31.02, 31.22, 31.40, 31.71 and 31.90 marks respectively.
- On the other side, key support levels are seen at 29.94, 29.70 and 29.46 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Taiwan’s stock was trading 0.96 pct lower at 11,838.59 points.
- Taiwan’s CPI, WPI as well as trade balance data around 0800 GMT.
We prefer to take long position on USD/TWD only above 30.15, stop loss at 29.90 and target of 30.40/30.70.
