Feeder Cattle AUGUST 2019 is moving towards the resistance line of a Rising Wedge which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Feeder Cattle AUGUST 2019 continues in its current trajectory, we can expect it to reach 139.9000 within the next 14 hours.
Important resistance line being approached by Feeder Cattle AUGUST 2019. This price has been tested numerous time in the last 15 days
