Heyy traders!

For the overnight and morning session we had a range day so far. See how prices traded back and forth within the yellow range. Some shorter-term trends were working higher and lower but nothing really strong to break the range. Just now prices could not reach the range lows anymore and formed a bigger spike and channel and trending higher. Prices broke the range and pushed strongly above the EMA. Momentum has changed and we see some bullish price action now.

Hope you had a good trading day.