Live Cattle APRIL 2022 is moving towards a line of 147.4750 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 Live Cattle APRIL 2022 continues in its current trajectory, we may see it move towards 147.4750 within the next 7 hours.
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