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A final push expected on Caterpillar Inc. as it starts approaching a price line of 135.08.

Caterpillar Inc. is heading towards a price line of 135.08 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.

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JPN225 – breach of price line thats been previously tested numerous times before

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We expect a 5,500 pip movement on CC within 12 hours following the event release.

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