• "Risk-on" seen in the FX market despite Shanghai opening more than 5% lower
  
  
• Antipodean currencies saw some pullback tracking a bounce in the commodity prices on Tuesday
  
  
• Kiwi bounced in early trade today, having plummeted 3 percent overnight when it also touched a six-year low of $0.6200
  
  
• However gains were capped at 0.6540, NZD/USD retraced from day's highs to currently trade at 0.6495, below the 0.65 handle
  
  
• Next immediate hurdle is located at 0.6541 (Day's High), above which it could extend gains 0.6586 (Aug 17 High) levels
  
  
• To the downside immediate support might be located at 0.6452 (Day's Low) further below at 0.6400