NZD/USD falls to a low of 0.6551 on the day

Another 7 pips below that and the pair would have touched the lowest level since February 2016. Much like the AUD/USD, it'll be a slippery slope for the NZD/USD once the daily support @ 0.6545 is broken.

Below that there is support coming in from swing lows around 0.6500 to 0.6515. And after that it's tough to pick key levels on the chart from there with further support only seen around 0.6430 followed by the 0.6400 handle and January 2016 lows @ 0.6380 and 0.6350.

The dollar has been relentless so far this session and when technical levels like this come into play and when they breakdown, it's going to ignite the fuel even more.