NZD/USD DAILY CHART ANALYSIS Always keep track that a head-and-shoulders position materialized in the first quarter of 2021 as NZD/USD slipped below the 50-Day SMA (0.7006) this is the first time this has happened since November, with the exchange rate pushing below the 200-Day SMA (0.7116) for the first time since June 2020 to trade to a fresh yearly low (0.6805) in August. Although, NZD/USD reversed course ahead of the November 2020 low (0.6589) among the failed attempt to close below the 0.6810 (38.2% expansion) region, with a bull flag formation taking shape earlier this month as the exchange rate cleared the July high (0.7105). ☎️ Telegram : https://t.me/MU_I09 📧 Email: [email protected] #cpt #cptinternational #gold #forex #crudeoil #currency #investment #stock #mt4 #tradingapp #trading #technicalanalysis #USD #NZD @CPT International