Live Cattle APRIL 2020 is quickly approaching 121.1250. We expect either a breakout through this line, or a rebound.

Live Cattle APRIL 2020 is heading towards a line of 121.1250. If this movement continues, we expect the price of Live Cattle APRIL 2020 to test 121.1250 within the next 6 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.