Feeder Cattle JANUARY 2022 is moving towards a line of 161.2500 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 2022 continues in its current trajectory, we may see it move towards 161.2500 within the next 3 days.
Important price line being approached by Feeder Cattle JANUARY 2022. This price has been tested numerous times before.
