EUR/USD enjoys the silence

EUR/USD skipped to hang with grades last week and continued falling down to edge weak.

The pair still fall on some minor fundamentals and couldn’t colour inside the lines.

Eurozone GDP figures flashed market participants to leap across these undefeatable odds.

Well to keep the price tag and take the cash back, they preferred to sell. 

And the price echoed in depths of 1.1300, but failed to close below.

Despite closing below midline Bollinger bands, still bears disturb the silence even staying calm.

Closing below 1.1265 and turning it into resistance will confirm decline because it will form the lower bottom and this level of support will become resistance. 

The next level of support might be seen at 1.1142 and resistance at 1.1449.

With the new week come EUR/USD was slightly uplifted, but still remains within the sound of silence, due to lack of top-tier events.