NZD/USD: The combined effects of NFP, Unemployment, mixed feelings on

BEARISH

Daily Trading Range: 69
NZD/USD: The combined effects of NFP, Unemployment, mixed feelings on rate hikes, North Korean conflict, and most recently, retail sales have really a severe effect on the USDOLLAR. Somehow, it managed to survive the week without the capital Daily AB boundary being taken out. This week may be the time it finally happens, as the interest rates are due to be read on Wednesday along with Fed Chair Yellen's economic projections for the month, The current expectation is that there will be a zero percent change. Economists remain mixed on the projected effect of this, and likely, so will the Greenback. Although general sentiment on the Dollar remains bearish, epect all USD crosses to reamin SIDEWAYS until the announcements are read. 

Daily Chart

Daily Chart

Daily Support and Resistance

Resistance 3: 0.7340
Resistance 2: 0.7300
Resistance 1: 0.7260
Current Price 1.0120
Support 1: 0.7130
Support 2: 0.7060
Support 3: 0.6820

Two Hour Chart

Two Hour Chart

Other Currency Pairs

USD/CHF

Daily Trading Range: 78

BEARISH

NZD/USD

Daily Trading Range: 69

BEARISH

GBP/USD

Daily Trading Range: 102

BEARISH

Additional Currency Pairs