NU Weekly Analysis
After breaking out of key support at 0.685, the pair has briefly find support at 0.67 region as it start the correction. The pair is currently retesting the support turned resistance at 0.685 region, which also coincide with the weekly trendline. A rejection on this level would prompt the continuation signal. The pair will likely consolidate between that area before resumes the bearish move.
Bias
Long-term: Short
Short-term: Long
Bias
Long-term: Short
Short-term: Long
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.