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Support line breached by Caterpillar Inc.. This price has been tested at least twice before.

Caterpillar Inc. has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 231.50 may materialize within the next 8 hours.

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