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EURUSD: Christine Lagarde Offended the Greeks

28 May 10:11 AM

Forex news.
In her interview to the Guardian the Managing Director of International Monetary Fund Christine Lagarde gave non-favourable comments about Greek citizens, having recommended them to learn how to pay taxes. "I think about little children from a small village in Niger, who have only two hours of school every day, one chair for three, and who want to get education. I keep thinking about them all the time, as, they seem to be in a greater need of help, than people in Athens are... Speaking about Athens, I also think about those people who try to avoid paying taxes," said Christine Lagarde.
Such statements of the head of the fund, which is the majour source of the country’s financial aid, brought a real scandal. Greek political quarters consider such statements to be unacceptable. In his Twitter Evangelos Venizelos has literally posted the following: "By her tone Mrs. Lagarde has offended the Greek people. I appeal to her to reconsider her claims".

At FOREX market EURUSD currency pair is forming another correction to mid-term bearish trend at h1-h4 timeframe. Within such correction, rising wave "С" may be formed after hidden wave "В". According to the System of Early Prediction Sub-department of Masterforex-V Trading Academy, points 1.2608 and 1.2678 may be considered the target ones, just as the intersection of the chart with h4 "inclined axis".

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