Live Cattle April 2024 is moving towards a line of 189.1500 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 2024 continues in its current trajectory, we may see it move towards 189.1500 within the next 14 hours.
Live Cattle April 2024 is approaching 189.1500. We expect either a breakout through this line, or a rebound.
