Hey traders!

Prices trended higher during the overnight. The uptrend broke shortly after the opening and prices retesting the highs. We saw some strong resistance coming up so price reaction was to retrace completely back to yesterday’s close (red line). The downtrend just broke so we could see a retest of the lows. While the bias was bullish the first half hour after the opening we saw a sudden switch to very bearish. Hope you had a good trading day!