Photo: euro chart of h1 timeframe shows the formation of up-wave "С"
This Sunday tens of thousands people entered the streets of Madrid. Thus, mass protest actions against future healthcare reform continue. By privatization of state hospitals the country’s government hopes to save seven million euro.
Participants of the manifestation included a big number of elderly people and disabled, who have come to the capital by 300 buses from around the country. Four million of disabled that need help live in Spain .
Besides privatization of hospitals, the government is planning to delegate its management functions to specialized companies and charge money for every prescription. Demonstrants are certain that the reform will result in growth of poverty.
According to the specialists of the System of Early Prediction of , EURUSD dynamics at Forex does not yet exclude the formation of "hidden up-wave В" of h1 level with further descending to wave "С". This will not happen if price range 1.3036-1.3054 is broken, and main line crosses the line of support/resistance of АО_Zotik index at timeframes h4-h8.
At the same time, euro chart of h1 timeframe shows the formation of up-wave "С", which is targeted at points 1.3079 (1.3092 – target of upper timeframe) and 1.3136.
Alex von Stachelkopf, analyst of “Forex, EURUSD” Department, trader of SRP Sub-department of Masterforex-V Academy
