After complaining about the lack of directional bias in trade of late, the price action yesterday provided a slight directional bias. Trade still remains within the range and this move can easily be defined as a test of the range resistance. Prices will need to break (closing basis) above resistance to formulate the next move.
Support: $2.422-$2.414, $2.373–$2.356,$2.255-$2.176 Minor Support: $2.483, $2.162 Major Resistance: $2.74-$2.789, $2.89, $2.98-$3.05, Minor Resistance:$2.806
