Following the stronger than expected NFP on Friday, there was a move through the weak low of the prior day overnight. After the bell the market drove through the overnight low but had no follow through and found responsive buyers which pushed back into the prior range. The session ended extremely balanced with 2092.25 being the prominent POC.
There are no major economic announcements due today and overnight trade has been slow so far with a range of 2086.50-2093.25.
The bull/bear zone for today is 2091.00-2094.00. Holding below 2091 could see a re-test of Friday's low and the zones highlighted below potentially. A hold above 2094.00 could see the upper zones targeted as highlighted.