Nataly Kambur
Germany offers new ways to solve the eurozone crisis: it is offered to provide Greece with an intermediate, emergency loan in order to help it avoid a default in March.
Such a decision is also expected to reassure financial markets. However, some experts assume that such steps may trigger more anti-austerity disorders. A temporary tranche will give Greece an opportunity to avoid a default and to postpone the decision-making until the elections. Investors will get an opportunity to avoid major risks.
According to the Department of Masterforex-V Trading System , EURUSD has suspended the long-term bullish wave A/B of Daily 2. A break above 1.3320 will resume the rally, thus increasing the wav level of the mentioned wave up to Weekly. The closest major level of resistance is 1.3549. A break below 1.2973 may well make the price go down to 1.2625 and lower.
Nataly Kambur
