Feeder Cattle MARCH 2023 has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 186.2210 may materialize within the next 6 hours.
Related Posts
Brent Crude – breach of price line that’s been previously tested numerous times before
Brent Crude has breached the support line at 74.0780. It may continue the bearish trend towards 72.0878, or,…
Supports and resistances are primary concepts of technical analysis. Natural Gas is heading for an important price of 2.4455 – read about what this could mean for the future.
Natural Gas is heading towards a line of 2.4455. If this movement continues, the price of Natural Gas…
Gold Spot likely to test 2750.0200 in the near future. Where to next?
Gold Spot is moving towards a key resistance level at 2750.0200. This is a previously tested level for…