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Short

NZD/USD Short Term Outlook

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
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NZD/USD is trading near major support 0.7433 ( Ichimoku cloud bottom) and any break below will target 0.740/0.7330 in short term.

On the upside minor resistance is around 0.7470 and above that it can reach till 0.7500/0.7525.

Indicators (4 hour chart)
CCI (50) – Sell
CCI (14) – Sell
Ichimoku- Sell

Recommendation: Sell NZD/USD around 0.7440, SL 0.7471, Targets 0.7400/0.7335.
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