The previous trade recommendation wasn't triggered. The EIB report showed a sales of 12m units versus 20m expected, which should be bearish for carbon. However for time being the prices are supported at 6.90 EUR and seems this is the test for the breakout above 7.00 EUR.
At the moment it is unclear to see whether the potential risk is to the up- or downside. We would still look at buying the breakout above 7.25 EUR, but potentialy, there is a short oportunity if we fall below 6.90 EUR.