FxWirePro: NZD/USD slips below 0.73 handle, major support at 0.7260, good to go short on break below

• Kiwi bears relentless amid broad based US dollar rebound and weaker commodities, particularly oil.
   
• NZD/USD slips below 0.73 handle to trade 0.48 percent weaker on the day.
   
• The pair has broken 20-DMA support at 0.7308 and is on track to test 50-DMA at 0.7224.
   
• Major support levels - 0.7260 (trendline), 0.7224 (50-DMA), 0.72, 0.7164 (Aug 15 low)
   
• Major resistance levels - 0.73, 0.7308 (20-DMA), 0.7325 (July 12 high), 0.7369 (Sept 22 high)
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Recommendation: Good to  go short on break below, SL: 0.73, TP: 0.7220/ 0.72/ 0.7164/ 0.71