NZDUSD (0.6283)

NZDUSD seems to settle into a nice downward move and currently is looking
to break below 0.6200 level and might even stretch the move towards 0.6100
level. Therefore mainly traders will look to sell NZDUSD for nice
retracement levels.

Recommended Trade Levels

Trade 1: Sell NZDUSD @ 0.6350
Trade 2: Sell NZDUSD @ 0.6450
Stop: 0.6490
Profit Target 1: 0.6250
Profit Target 2: 0.6160