• NY opened near 1.1490 after 1.15475 traded on EBS overnight, drop extended

• Bid for US 10-yr note, stocks, USD/CNH drove broad based US$ buying

• Gold drop reinforced the bid for the US$; EUR/USD fell toward the 5-DMA

• Pair traded 1.1431 then neared 1.1450 late on light US$ selling, pair was down -0.50%

• Techs are mixed; the daily RSI is falling but the monthly RSI is rising

• Hold above the 5-DMA comforts longs but move below 1.1490/1.1500 is a concern
eurusd


(Christopher Romano is a Reuters market analyst. The views expressed are his own)