FxWirePro: NZD/USD slips below 0.72 handle, upside capped at 78.6% Fib

• 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 data including ADP report on private sector employment and ISM non-manufacturing PMI data, later during NA trading session in focus.
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Recommendation: Good to go short on break below 0.7182, SL: 0.7245, TP: 0.7140/ 0.7115/ 0.71