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A final push possible on Feeder Cattle AUGUST 2022 as it starts approaching a price line of 169.2750.

Feeder Cattle AUGUST 2022 is heading towards 169.2750 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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AUS200 – approaching a price line that has been previously tested numerous times in the past

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US30 – breach of a trending resistance line that has been tested at least twice before.

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