Feeder Cattle MARCH 2023 has broken through a resistance line of a Channel Down and suggests a possible movement to 181.4160 within the next 15 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 16 days.
There is a possibility of a big movement on Feeder Cattle MARCH 2023 after a breach of the resistance
