NU has been in a big bearish trend. currently on the 1H we have come up to make our current lower high which lines up right with the 0.786 fib. SL has been set tight at 0.6375 with our target being 0.6300 - 0.6310. We could even see a dip below the countertrend line below, where we would have to re-adjust our trendline. If DXY continues higher, this will be a likely scenario
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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.