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Feeder Cattle AUGUST 2021 is quickly approaching 156.4750. We expect either a breakout through this line, or a rebound.

Feeder Cattle AUGUST 2021 is heading towards a line of 156.4750. If this movement continues, we expect the price of Feeder Cattle AUGUST 2021 to test 156.4750 within the next 16 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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