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Feeder Cattle AUGUST 2023 has broken through support of a Channel Up. It has touched this line at least twice in the last 19 days.

Feeder Cattle AUGUST 2023 has broken through a support line. It has touched this line at least twice in the last 19 days. This breakout may indicate a potential move to 228.2453 within the next 15 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.

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Feeder Cattle AUGUST 2023 a traversé le support d’un Canal vers le Haut. Il a touché cette ligne au mois deux fois dans les 19 derniers jours.

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We expect a 40 pip movement on AUDUSD within 12 hours following the event release.

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