Hi traders!
Prices were staying within the yellow range in today’s trading day. We had a spike up shortly after the opening but prices only broke out for a short time just to come back into the range a few moments after. Then we saw a downtrend working to test range support. Exactly how a healthy range should look like we are bouncing between resistance and support and now going back to test the upper side of the range. There were some nice trade opportunities today. Watch out for the FOMC statement starting in around 90 minutes. Be flat prior to and after the press conference.