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Breach of resistance could mean a start of a bullish trend on Chevron

Chevron has broken through a resistance line of a Falling Wedge chart pattern. If this breakout holds true, we expect the price of Chevron to test 79.53 within the next 9 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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Important price line being approached by US Treasury Bond DECEMBER 2020. This price has been tested numerous times before.

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