USD/TWD Slips, Aiming for 30.000

        0147 GMT [Dow Jones] USD/TWD has taken on a bearish technical stance now it is below the Ichimoku Cloud resistance zone and also within the daily Bollinger downtrend channel that caps at 30.190. A continuation of the recent slide in the U.S. dollar may see USD/TWD aim for the trading barrier at 30.000. Market sentiment is tepid on the U.S. dollar after the mixed U.S. jobs report on Friday which triggered a drop in U.S. bond yields and weighed on the U.S. unit. More clarity on the U.S. Federal Reserve's stance may emerge after its chief testifies to Congress on Wednesday. USD/TWD is now 30.150 versus its Friday close of 30.212. (ewen.chew@wsj.com)
        (END) Dow Jones Newswires

        May 04, 2014 21:47 ET (01:47 GMT)