• Kiwi remains heavily offered in the Asian session, as markets remain on the back foot and ignore risky assets amid lingering Brexit concerns.
   
• Oil prices fell further into losses amid widespread risk-aversion, further weighing on the resourced-linked Kiwi.
   
• Techs are biased lower. NZD/JPY has broken 20-DMA support at 74.47 and hit new weekly low of 74.35.
   
• Focus now on US retail sales data ahead of the FOMC 2-day meeting, with the outcome due out on Wednesday. 
   
• NZ current account data along with GDT price index will be also closed watched for further momentum in the pair.
   
• We stick to our previous call (http://www.econotimes.com/FxWirePro-NZD-JPY-finds-major-support-at-7447-break-below-to-see-test-of-74-levels-stay-short-220745).
   
• We recommend holding short position for targets 0.74/ 0.7375/ 0.7340