Either a rebound or a breakout imminent on Italy 40 Index

Italy 40 Index is heading towards the support line of a Channel Down. If this movement continues, we expect the price of Italy 40 Index to test 22633.1000 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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