• NZD/USD traded tight 0.6303/45 range for most part of the Asian session and was last at 0.6321 as SSEC fell over 3.0%, Nikkei -1.3% 
  
  
• The kiwi managed to gain 0.7 percent last week despite an easing by RBNZ and speculation of more, faces strong resistance at $0.6381 with support at $0.6280
  
  
• Asian indices mixed, traders on the back foot on mounting China slowdown fears after the recent poor economic data and uncertainty over the Fed outlook on interest rates
  
  
• Soft Chinese data released over the weekend failed to stir investors, but risk off air permeates Asia, weighing on USD
  
  
• The dollar inched lower with investors sticking to the sidelines as the countdown to FOMC begins 
  
  
• Investors awaiting the outcome of the Fed's two-day meeting on Sept 16-17, still guessing whether the c.bank will hike rates then, or opt for Dec or early next year
  
  
• NZD/USD long-term momentum remains bearish, price action well below the cloud and MA's, caution advised as Stochs are near oversold and could see some unwinding near-term