Consolidation on orange juice

The orange juice contract for May continues finding a good support around the 125.00 level. The price could come out in any direction, even though the MACD indicator is signaling a slight bearish trend. Below the 125.00, the 113.24 could act as support. To the upside, the 200 day EMA, around the 132.49 could act as resistance, but above that level, the 140.00 could also act as resistance since in the past it acted as support.