FXRenew
Short

FTSEMIB - Strong Selling on Italian Political Issues!

FOREXCOM:ITA40   FTSE MIB Index
Bloomberg reported that Italian PM Conte accused Salvini of bringing down the coalition government in an end to a bad week for the Italian bond market. Meanwhile ramped up tension on the global trade front should continue to be a drag on investor sentiment.

Technically we have dropped through our first target and selling continues. We favour continuation breaks to the downside today.
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