Expecting price action to take out the previous Daily Intermediate Term High of 12 Oct 2023 if the price action respected as support on current inversion SIBI of 12 Oct 2023 . . Be Safe and Good Luck to All Traders . . .
Monday 23 Oct 2023 (Eurozone Economic Data)
The Eurozone consumer confidence flash, released by the European Commission, provides an initial estimate of consumer sentiment across Eurozone countries. Represented as an index, it serves as a gauge of consumer perceptions regarding the economy and their personal financial situations, offering insights into consumer behavior and spending patterns. A higher consumer confidence index generally correlates with increased consumer spending and economic growth, while a lower index may indicate a more cautious approach, potentially leading to reduced spending and an economic slowdown.
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