EUR/USD Technical Analysis: Bearish view persists below 1.1256

• The price action around the pair remains fragile so far this week, trading closer to yearly lows in the proximity of 1.1100 the figure.
• In the meantime, last week’s tops in the 1.1215/20 band in combination with the key 55-day SMA at 1.1226 emerge as the next hurdle of relevance in case the buying interest resurfaces.
• However, the offered stance on EUR/USD remains unchanged while below the multi-month resistance line, today at 1.1256.

EUR/USD daily chart