I am long and I'm watching this freight train with concern as well.
The NZD has been strengthening significantly in recent hours, whereas the AUS has been relatively stable. This is why we observe another leg down in this pair. When the kiwi loses its steam, the bearish pressure on this pair is going to abate. I think that even if we get to see new lows here, this market won't get much traction to the down side; rather - it's going to bounce back up again.