The last formed daily candle has not given any indication of direction. The market is ranging. Todays price action did not break the highs or lows of the previous day.
Sometimes staying out of the market is the best option.
On another note the first friday of each month is NFP. NFP is a jobs report and usually has a high impact on the markets. I think alot of traders are now waiting for the NFP announcement to see if a market direction will show itself.
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