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A final push expected on Feeder Cattle AUGUST 2020 as it starts approaching a price line of 131.5250.

Feeder Cattle AUGUST 2020 is heading towards a price line of 131.5250 and could reach this point within the next 20 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.

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