NZD/USD: awaiting key events in the Pacific today

NZD remains in a consolidating phase in a quiet start to Asia.

NZD/USD is pressured on the recent Fed speak, but at the same time, the RBNZ have been brought about a phase of support in the bird with their recent rhetoric that puts their easing bias into question. Meanwhile, activity could pick up today with a number of key events for the Pacific in Australian and Chinese data. 

Chinese data and Aussie retail sales preview: what to expect in AUD/USD?

The nonfarm payrolls is also key this week while we await the FOMC towards the end of the month and with plenty of catalysts in between. 

NZD/USD levels

With spot trading at 0.7247, we can see next resistance ahead at 0.7261 (Hourly 100 SMA), 0.7267 (Daily High), 0.7267 (Yesterday's High), 0.7275 (Hourly 200 SMA) and 0.7276 (Weekly Classic PP). Support below can be found at 0.7257 (Daily Classic R1), 0.7246 (Hourly 20 EMA), 0.7230 (Daily Classic PP), 0.7230 (Daily 20 SMA) and 0.7220 (Weekly Low).  Looking to candlestick patterns, we can see a Doji formation on the 1-hour chart.