- USD/TWD is currently trading around 31.99 marks.
- It made intraday high at 32.04 and low at 31.93 marks.
- Intraday bias remains neutral till the time pair holds key support at 31.86 marks.
- A daily close above 32.00 will drag the parity up towards key resistances around 32.08, 32.18, 32.25, 32.43 and 32.63 marks respectively.
- On the other side, key support levels are seen at 31.86, 31.73, 31.50, 31.38, 31.26, 31.18, 30.99, 30.85 and 30.39 marks respectively.
- Taiwan stocks open flat at 9,009.78 points.
- 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 will release export orders, current account as well as balance of payment data at 0810 GMT.
We prefer to go long on USD/TWD around 31.92, stop loss 31.73 and target of 32.08/32.18/32.43.


FxWirePro: USD/CNY slips as strong China exports data Lift yuan
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD eases as investors await U.S. employment figures
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report 



