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After testing resistance twice in the past, Live Cattle APRIL 2021 has finally broken through. Can we expect a bullish trend to follow?

The breakout of Live Cattle APRIL 2021 through the resistance line of a Falling Wedge could be a sign of the road ahead. If this breakout persists, we expect the price of Live Cattle APRIL 2021 to test 122.9746 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

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EUSTX50 – breach of a trending support line that has been tested at least twice before.

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