Intraday Analysis from FXMarketAlerts.com
Receive FREE Weekly Strategies.Published at 03:25 (GMT) 16 Nov
USD/TWD supported on the way down, off 32.18 lows, holding at the 32.20 handle for the most part as the dollar comes off the lows in Asia. Heading into midday break, price action looks set to consolidate in the 32.15-32.25 handle. With markets wary of CBC interest into closing later, expect shorts to remain tepid in the absence of any renewed surge in dollar weakness. Overall, continue to watch broader 32.15-32.34 for now. Taiex still firm, up some 1.25% in the morning as the rest of Asia post gains as well. CR








