- USD/TWD is currently trading around 31.42 marks.
- It made intraday high at 31.44 and low at 31.33 marks.
- Intraday bias remains bullish for the moment.
- A sustain close below 30.99 mark will test key supports at 30.85 and 30.39 marks respectively.
- Alternatively, a daily close above 31.46 will drag the parity up towards key resistances around 31.62, 31.93, 32.12, 32.25, 32.43 and 32.63 marks respectively.
We prefer to take long position in USD/TWD only above 31.46, stop loss 31.10 and target 31.62/31.93.
