
Breach of resistance line imminent by Italy 40 Index
Italy 40 Index is moving towards the resistance line of a Inverse Head and Shoulders which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Italy 40 Index continues in its current trajectory, we can expect it to reach 25346.5000 within the next 2 days.
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