Greece has 3 days to form a coalition government. Otherwise, the country will face another round of elections. Today Evangelos Venizelos, PASOK leader, will meet with Antonis Samaras, leader of “New Democracy”, the party that was the frontrunner during the first round of elections.
Yesterday Venizelos had talks with Fotis Kuvelis and was content with the results as both the leaders share the same point of view on multiple issues, including eurozone membership, coalition government, ways of overcoming the crisis etc.
Other EU politicians keep monitoring the political situation in Greece.
Forex.
According to the SRP Department of , EURUSD keeps working out the bearish RP (reversal point) of wave level H4. It will be finished as soon as the main line of the AO_Zotik indicator will cross its support/resistance line. The currency is forming a retracement wave on timeframe H1. If there are no signals canceling the scenario, the price is expected to complete sub-wave B and to start an upswing – sub-wave C.
