EUR/USD Technical Analysis: Short-term top in place?

• EUR/USD keeps struggling to return to the mid-1.10s on a sustainable note, let alone advance further north and attempt to re-test monthly tops in the 1.1060 region.
• A surpass of the later should reassert the upside pressure somewhat and allow for a probable visit to September’s peak at 1.1109.
• On the other hand, the inability of spot to overcome the 55-day SMA at 1.1049 in the near term should open the door for some consolidative mood ahead of extra losses to, initially, the 21-day SMA ay 1.0984.

EUR/USD daily chart