US DOLLAR / NEW TAIWAN DOLLAR

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THESTOPHUNTER THESTOPHUNTER PRO USDTWD, D, Short ,
USDTWD: Taiwan Dollar (TWD) maintaining its bearish strength vs the USD
16 0 2
USDTWD, D Short
Taiwan Dollar (TWD) maintaining its bearish strength vs the USD

Taiwan Dollar is maintaining its strength versus the US Dollar since the beginning of 2017 and holds the longer term bearish trend. A head and shoulders pattern has formed on the weekly chart but is as yet complete. The 30 level could prove significant resistance and if it can break here, then 28/29 could be a potential further resistance level. Upside support may ...

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