Where is lean hogs price heading to?
Anton Kolhanov, Analysis, FXStreet
… Weekly forecast …
… Monthly Forecast, September 2022
An uptrend will start as soon, as the market rises above resistance level 92.650, which will be followed by moving up to resistance level 97.100 and if it keeps on moving up above that level, we may expect the market to reach resistance level 101.650.
The downtrend may be expected to continue, while market is trading below resistance level 92.650, which will be followed by reaching support level 86.825 and if it keeps on moving down below that level, we may expect the market to reach support level 75.975.
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