Important price line being approached by Caterpillar Inc.. This price has been tested numerous times before.

Caterpillar Inc. is moving towards a line of 169.75 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Caterpillar Inc. continues in its current trajectory, we can expect it to reach 169.75 within the next 2 days.