Pre-market Chart

Good morning traders.

Prices are moving within the yellow range this morning. The overnight highs and lows are tested a couple of times but we don’t see a clear break yet. As long as the overnight levels are active and prices trend in between them, we have a range character. The last couple of hours I see a more bearish bias to the lows. If we cannot break the lows then I will take longs of the range lows and shorts off the range highs.

Good trades to you!