Slowly and steadily, carbon broke today from the last month resistance of 7.00 EUR and established a base for further gains this week - which can be only overshadowed by the EIB report on their progress on sale of EUA from the NER300. The report is due tomorrow around 6pm.
Failing to break further above 7.37 EUR (top blue line) doesnt mean anything bad or bearish yet. Positive re-test of 7.00 EUR towards the close gives a pretty good support. Having said that - trade for tomorrow is to buy on the break above 7.25 with stop loss 6.90.