NU has been in a range bound condition since early January 2021. In today's trading session, I will remain neutral bias. Two scenarios that I am expecting
1. Another rejection at the 0.7246 minor resistance zone followed by sell-off (Bearish)
2. For any long setups to appear, I'll need to see a clear break above the 0.7246 resistance zone. 0.7310 is the next resistance zone (Bullish)
The higher timeframe picture remains bullish, avoid over-thinking.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
1. Another rejection at the 0.7246 minor resistance zone followed by sell-off (Bearish)
2. For any long setups to appear, I'll need to see a clear break above the 0.7246 resistance zone. 0.7310 is the next resistance zone (Bullish)
The higher timeframe picture remains bullish, avoid over-thinking.
Trade safe.
Do follow my profile for daily fx forecast & educational content.