Feeder Cattle JANUARY 2023 is moving towards a line of 178.6000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Feeder Cattle JANUARY 2023 continues in its current trajectory, we may see it move towards 178.6000 within the next 21 hours.
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