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Important resistance line being approached by LTCCAD. This price has been tested numerous time in the last 2 days

LTCCAD is moving towards the resistance line of a Channel Up which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If LTCCAD continues in its current trajectory, we can expect it to reach 100.1900 within the next 13 hours.

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KC HRW Wheat DECEMBER 2019 is quickly approaching 397.5000. We expect either a breakout through this line, or a rebound.

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