EurUsd- Are bulls done?

Since the end of September, EurUsd has had quite a run, with the price rising more than 1000 pips from the bottom to the top.
However, as I said multiple times these past weeks, this is just a correction, and with the price reaching the important 1.07-1.08 resistance, swing traders should look to sell and build USD long position.
Last week's high was reversed quickly leaving a strong bearish engulfing on our daily chart and this can very well mark the top.
Also, yesterday and Friday, bulls couldn't recover and looks pretty clear that rallies are sold.
The first target for a drop is 1.03 and, as long as 1.0750 is intact, rallies should be sold.