The turn lower from channel resistance has sent the EURUSD below the first support shelf at 1.3582 but coming under last weeks low at 1.3541 would more strongly signal that a top is in place. This level is reinforced by 2 month trendline support near 1.3550.
Oscillators on the daily are bearish as RSI has rolled over from above 70 and a bearish MACD crossover occurred yesterday. Near term resistance is at the 38.2% of the decline from 1.3677 to 1.3559 at 1.3604 (the 61.8% is at 1.3632). A break below trendline support warrants a bearish stance against 1.3677.