NZDAUD has been trading within a long-term Channel Up since the August 18 2020 market low. As you see on the 1D time-frame, a Death Cross is about to be formed, which is when the 1D MA50 (blue trend-line) crosses below the 1D MA200 (orange trend-line). Even though this is a selling pattern, last time it emerged on March 10 2021, the pair made a bottom straight...
