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Chevron is approaching 166.62. We expect either a breakout through this line, or a rebound.

Chevron is heading towards a line of 166.62. If this movement continues, the price of Chevron could test 166.62 within the next 10 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.

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