NZD/USD H1 chart

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NZD/USD H1 chart

The Kiwi is making tracks to the upside but the accent has started to decelerate. 

NZD/USD H1 chart

The waterfall sell-off could look something like the above if the bears really went to town this week. 

NZD/USD H1 chart

The W-formation means that the price is more probable to meet resistance and fall back into test support. A break of the micro trendline could lead to a move lower for the day ahead with 0.6470s critical. 

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