Short NZD/USD for 0.7140

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
249 3 14
NZD/USD             is back below the 0.72 mark, retraces most of Tuesday's gains.

Weak Chinese services PMI data weighed on commodities and denting demand for commodity-linked currencies.

Upside in the pair capped at 78.6% Fib at 0.7245, intraday bias lower.

Downside finds support at 0.7182 (61.8% Fib), break below could see test of 20-DMA at 0.7141.

US ADP report on private sector employment and ISM non-manufacturing PMI data, later during NA trading session in focus.

Good to go short on break below 0.7182, TP: 0.7140/ 0.7115
Yes in this, thanks my friend
Thanks, very accurate, and it went to the 50% fib!
Thank you !
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