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FRA40 – approaching a price line that has been previously tested numerous times in the past

FRA40 is moving towards the resistance line of a Resistance. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 12 days and may test it again within the next 20 hours.

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After testing 159.9000 numerous times, Feeder Cattle AUGUST 2021 is once again approaching this price point. Can we expect a bullish trend to follow?

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Resistance line breached by Unitedhealth Group Inc.. This price has been tested at least twice before.

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