EURUSD: Possible reversal around 1.044/1.048 zone

EURUSD is struggling to establish above key level at 1.048. It met with 200MA around 1.039 and since then It has made a top pattern which suggests the pair is unlikely to establish itself above 1.048 at least in short-term. If price reaches a zone between 1.044/1.048, one of the probable scenario is a bearish move toward key level at 1.035 and 1.02.