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In conclusion, while the TWD to NZD exchange rate has experienced a decline this week, the current economic
This week, the TWD to KRW exchange rate remained relatively stable, with the TWD trading at around 35 KRW.
In the past week, the TWD to JPY exchange rate has shown a relatively stable trend, with minor fluctuations.
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Alternative scenario: the downside breakout of 1.3506 would call for 1.3476 and 1.3457.
Alternative scenario: the downside breakout of 162 would call for 161.28 and 160.86.
Alternative scenario: below 0.6090, expect 0.6064 and 0.6048.
Alternative scenario: the upside breakout of 1.7300 would call for 1.7352 and 1.7384.
Alternative scenario: the upside breakout of 1.7300 would call for 1.7352 and 1.7384.
Alternative scenario: the downside breakout of 90.17 would call for 89.85 and 89.66.
The MACD is negative and below its signal line.
The break above the 50 area on the RSI should trigger further gains.
Long positions above 136.85 with targets at 137.55 & 137.90 in extension.
Long positions above 1.1815 with targets at 1.1860 & 1.1890 in extension.
Alternative scenario: the downside breakout of 1.3752 would call for 1.3707 and 1.3680.
The pair could retrace.
Our preference: the downside prevails as long as 0.6617 is resistance.
Alternative scenario: the downside breakout of 1.3505 would call for 1.3475 and 1.3456.
Alternative scenario: the downside breakout of 136.67 would call for 136.07 and 135.72.