EURUSD is falling toward 1.09 after making a brief break above 1.10 last week. The rejection of levels above 1.10 has the potential to form a double top
pattern with the previous peak here from early February (see daily chart below).
Similarly like in February, EURUSD could not hold onto gains above 1.10 for more
than 1.10. This is a slight bearish sign by itself but is not enough to signal a full reversal. For that, EURUSD will need to break some support levels on the daily chart.
The first support zone on the daily chart is 1.09. A break below here should clear the road for the next support to be reached at 1.0750. The most important support in the longer-term context remains at 1.05.