Hey traders!

Today’s trading day started with a range during the overnight session. Once markets opened we saw prices working higher strongly within the green uptrend channel. Then there was a break and bulls ran out of steam. After the retest prices reversed sharply and dropped below the opening price (yellow line). From there more or less sideways. A smaller spike and channel structure is working higher, but volatility dropped a lot and there is no clear bias at this moment.

Hope you had a good trading day.