The price is expected to rise to 0.72990, were a potential Head and Shoulders on the daily timeframe is forming. Either a reversal back to November 2020 price (0.65150). If the price breaks 0.72990 the price would then be expected to for a new daily high in 2021.
Comment:
If price breaks the Sl area, the pair will be a potential short. It will go to November 2020 price (0.65150). This change of analysis is due to the upcoming GDP news (Wednesday) based on NZD pairs. Making this a Long term trade.