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Important price line breached by Chevron. This price has been tested numerous times before.

Chevron has broken through a line of 107.50 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 106.44 can be expected within the next 10 hours.

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