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Big movement expected on Live Cattle AUGUST 2021 after a breach of 119.8500

Live Cattle AUGUST 2021 has broken through a line of 119.8500 and suggests a possible movement to 122.3200 within the next 2 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 46 days.

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Important price line being approached by 3m Co.. This price has been tested numerous times before.

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AUS200 – breach of price line thats been previously tested numerous times before

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