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USTECH 100 Daily analysis
As we can see on daily time frame chart, the price looks like it might start a new bullish movement.
Also, we can see that the price just touched the upside trend line and it is rejecting the 38.2% of fibonacci's level.
In this scenario, we can expect a new higher high soon.
- U.S building permits and housing starts rose more than expected in January
- Chicago Business Barometer rose to 67.6 in December, up from 63.9
- U.S import and export prices rose more than expected in January
- Canadian manufacturing sales declined 0.3% to $55.5 billion in December