(Corrects typo in line 2)

• NY opened near 1.1555 after 1.1580 traded in Asia, the overnight drop extended

• USD buying, US yield gains & oil rally weighed on EUR/USD

• Drop in equities and gains for USD/CNH contributed to EUR/USD's move lower

• 1.1542 traded in NY's afternoon, the pair traded down -0.10% in NY's afternoon

• Falling daily RSI worries bulls but monthly RSI, hold above 10-, 21- 55-DMAs gives comfort
eurusd


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