Antipodeans were dumped with the New Zealand dollar, the biggest loser, after the NZ treasury downgraded GDP forecasts in the June quarter on softening domestic demand.
- China's economic slowdown worries also collaborated with the falling oil prices, dragging NZD lower
- A survey showed New Zealand business sentiment dropping to six-year lows in August on the back of tumbling global dairy prices, further blow to the Kiwi
- The New Zealand dollar is down -0.56% against the USD, trading at 0.6422, day's high was at 0.6466, and lows were at 0.6407
- The kiwi also fell against AUD and the euro with the trade-weighted index off 0.7 percent at 69.4, its lowest in nearly a month
- Immediate resistance for NZD/USD is seen at 0.6452 (Daily Tenkan-Sen), while support on the downside is located at 0.6407 (Session lows Aug 31st)
- Markets cautious as they await the key US NFP report which may influence the Fed decision due in the next two weeks.


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD uptrend loses steam, remains on bullish path
GBPJPY at Resistance: Sell Rallies Near 215.18 as Downtrend Beckons
FxWirePro USD/JPY dips as Yen gains after Japan reaffirms FX intervention readiness
FxWirePro: USD/CAD consolidating around 1.4200 room for further gains
GBPJPY Weakens Amid Yen Strength: Sell on Rallies Recommended
USDCHF Faces Downside Risk as Resistance Holds; Sell Rallies Recommended
NZDJPY Poised for Downtrend as Resistance Holds Firm
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD advances as weak U.S. payrolls pressure greenback
FxWirePro: USD/CNY extends drop, faces 23.6%fib support
NZDJPY Pullback: Bearish Trend Favors Sellers Below 92.50 Resistance
FxWirePro: AUD/USD rallies as traders scale back Fed rate hike bets
FxWirePro: GBP/NZD pulls back slightly , bullish bias persists.
Gold Surges Above $4100 on Weak US Jobs Data; Bullish Momentum Builds 



