7640761 7/12/2017 5:03 PM, USD/TWD ST: the upside prevails as long as 30.223 is support


Our pivot point stands at 30.223.


Our preference

: the upside prevails as long as 30.223 is support.


Alternative scenario

: below 30.223, expect 29.946 and 29.781.


Comment

: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 30.437 and 30.267).


Supports and resistances

:

31.327 **

31.162 *

30.997 **

30.831

30.462 last

30.332

30.223 **

29.946 *

29.781 **