The NZD pairs have been a bit difficult to pin down, so I drew a simple fib retracement on the Monthly chart and a trend line for the entire up trend from JAN 2009 to NOV 2016.
What becomes apparent is that the trend line has just been broken on the 23.6% level... the price is retesting that before heading down to the 38.2% level at 0.848
What becomes apparent is that the trend line has just been broken on the 23.6% level... the price is retesting that before heading down to the 38.2% level at 0.848