Feeder Cattle JANUARY 2020 – support line breached
Feeder Cattle JANUARY 2020 has broken through the support line of a Rising Wedge technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 20 days and suggests a target line to be around 140.5322 within the next 5 hours.
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