FX_IDC:USDNZD   U.S. Dollar / New Zealand Dollar
With the strength of the dollar seemingly unstoppable (at least until December interest rate news comes out), USD seems like a good bet in general. In particular NZDUSD             made the Morgan Stanley             chart of the week (see link), in terms of bearishness. Also, New Zealand PMI just came out a bit lower than previous which supports this assertion.

On the technical side, we notice a nice consolidation of price at around 1.5244. The OBV indicates some buying pressure, even though the asset is leveling off. This divergence hints at a price correction. Further the MACD/RSI are in the 'sweet spot' for entering a trade. There is resistance from below with the Ichimoku cloud , which we can use to set a stop loss.

For profit targets and stop losses, consider the Fibonacci retracement , or levels from relative highs and lows, or the resistance incurred by the Ichimoku cloud .
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