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.
- Euro Area trade balance surplus declined significantly in August
- Consumer prices in China were up 1.6 percent on year in September,
- US consumer sentiment surged in early October, reaching its highest level since the start of 2004 says UoM
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