- USD/TWD is currently trading around 29.92 marks.
- It made intraday high at 29.95 and low at 29.84 marks.
- Intraday bias remains neutral till the time pair holds key support at 29.80 mark.
- A daily close above 30.02 will drag the parity up towards key resistances around 30.15, 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 29.84, 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 0.37 pct lower at 12,047.51 points.
We prefer to take short position on USD/TWD only below 29.80, stop loss at 30.02 and target of 29.70/29.46.


Bitcoin Sheds $491M in ETF Outflows and Retreats Below $64K; Sellers Reload for $50K
FxWirePro: AUD/USD drifts lower, uninspired by jobs beat
NZDJPY: The Kiwi Yen's Bull Run Hits a Brick Wall at 92 — Sell the Rally?
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR slips as dollar weakens after PCE inflation data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD bullish outlook with scope to target 1.6550
Sterling Slump Sends GBPJPY Toward 212.60 — Bearish EMA Stack Eyes 210
FxWirePro: AUD/USD eases after Australian mixed CPI data
FxWirePro: GBP/NZD gaining momentum for a move towards 2.3100 level
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bears Reload as 92 Resistance Caps Bounce; Sell-on-Rallies Eyed Toward 90
FxWirePro: USD/CNY hits one –month high, scope for further upside
FxWirePro: GBP/AUD sustains gains as uptrend remains strong
FxWirePro: USD/JPY edges higher as the yen remains vulnerable despite repeated warnings of intervention. 



