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FxWirePro- Major Pair levels and bias summary 
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Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist 
- USD/TWD is currently trading around 30.99 marks.
- It made intraday high at 30.99 and low at 30.96 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 31.02 mark.
- A daily close above 31.02 will drag the parity up towards key resistances around 31.22, 31.40, 31.71, 31.90, 32.46 and 32.88 marks respectively.
- On the other side, key support levels are seen at 30.87, 30.76, 30.54, 30.38 and 30.11 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 0.11 pct lower at 10,920.04 points.
- Taiwan will release industrial production data around 0800 GMT.
We prefer to take short position on USD/TWD only below 30.87, stop loss at 31.10 and target of 30.54.
