In yesterday's analysis, I expected NU to have strong momentum pushing towards the 0.7440 key resistance zone, which was exactly what the market performed. In today's trading session, I will remain neutral bias due to the current overbought condition of NU. Personally, I am expecting some rollover to test the 18ema or 50ema. Be cautious that I am focusing on short-term mean reversion setup due to the current over-stretched condition, avoid going against the flow if NU finds further bullish momentum towards the upside. Stay reactive.
The overall trend on the higher timeframe remains bullish.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
The overall trend on the higher timeframe remains bullish.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
Comentarios:
Previous analysis
