In the short term, the ECB can still fight against the capital flight from Italy government bonds, but it is powerless against the capital flight out of the euro. The ECB's new bazooka won't help, Mrs Lagarde.
As you can see in the chart, if 3,00 and later 3,85 falls, everything is done and dusted - the trader world will see that too. Look at RSI on monthly base!!!
Best regards from Hannover (Lower Saxony)
Stefan Bode #IT10Y - #ECB is BANKRUPT Part 3 #Italy #EURUSD @lagarde@ecb