According to my analysis the overall market structure is in a bearish mood with the market continuing to sell on the Weekly chart the market is looking to sell to touch structure.
[ I don't see no reason to not profit from that short momentum].
NZD seemed to broken an ASSENDING channel selling of to reverse at structure
On the 1H chart we as clear impulsive break of a pattern now with the market creating another mini pattern after the breakout shows potential of downward momentum.