Post-open Review… Optimism too restrained.

Pre-open bounce exits the open flat.

Surging into the ECB announcement had probed positive territory for the first time overnight. But only to 2386.50 resistance. Choppy ranging was supported by 2383.25 into and out of the open.

Blipping-up into the 10:15 bias timing window  attacked the 2388.00 bias-up signal to within 2-3 ticks. Bias-up wasn’t touched, let alone triggered.

Not touching the bias-up signal before signaling no-bias means no offsetting test of the 2380.25 bias-down signal is required. But this isn’t a “dry cleaners” morning, since price is essentially at the range’s upper-end, with room down to retest the overnight lows.

Hovering in positive territory through the morning could break higher when the bias environment lapses at 11:30-noon. Meanwhile, drifting back to overnight lows is possible.