Published: 2026-10-20T06:14:15.000Z
Chart USD/TWD Update: Extending gains
1
Sharply higher as prices extend break above 32.400 congestion and 32.550 July high to reach fresh year high at 32.600 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 33.300 | ** | Apr 2025 yr high | S1 | 32.400 | * | congestion | |
| R3 | 33.000 | ** | Dec 2024 yr high | S2 | 32.200 | ** | Mar high, congestion | |
| R2 | 32.800 | * | congestion | S3 | 32.000 | * | congestion | |
| R1 | 32.600 | * | congestion | S4 | 31.800 | * | congestion |
06:00 GMT - Sharply higher as prices extend break above 32.400 congestion and 32.550 July high to reach fresh year high at 32.600 congestion. Higher still, will see room to 32.800 but potential will be for push to target the 33.000, December 2024 year high. Would expect reaction at the latter as daily and weekly studies extend into overbought area. A later break here, if seen, will see room to target the 33.300, April 2025 year high. Meanwhile, support is raised to the 32.400 congestion. Would take break here to open up room for deeper correction to strong support at the 32.200, March high.