• The Antipodeans struggled for traction on Monday after the Federal Reserve revived expectations of a rate hike by year-end
  
  
• The dollar rose to its highest in over a month last Friday, but has since been consolidating, which saw commodity currencies recover some ground
  
  
• New Zealand dollar was still quiet at $0.6382, having shed 0.5 percent last week. The kiwi was still in the well-defined range of $0.6244 to $0.6458 seen so far this month
  
  
• NZD/USD is approaching strong resistance at 0.6424, has hit session highs at 0.6402 and is currently trading at 0.6389
  
  
• Traders said appetite for risk is likely to dictated by how Chinese stocks behave,  could be choppy with China winding down for the week-long National Day holidays from Oct. 1
  
  
• Stochs on 4 hourlies are at overbought and see bearish crossover, RSI is biased lower, pair could resume downtrend
  
  
• Immediate resistance for the pair is seen at 0.6424 (Sept 9 highs), and support on the downside is seen at 0.06345 (daily Tenkan)