• NY opened near 1.1185 after 1.1154 traded overnight, pair rallied early

• USD, US yield , USD/CNH drops helped EUR/USD hit 1.1205

• Some of that rally was then erased as sellers emerged

• USD, yields and oil moved upward while equities, gold and silver traded lower

• EUR/USD neared 1.1190 late, it traded up +0.32% in NY's afternoon

• Daily RSI is rising but monthly is falling & pair ius below 10- & 21-DMAs

• EUR/USD's ongoing consolidation, widening Bolli bands are bearish signs

• US September CPI & its potential impact on Fed policy is a key risk Wednesday
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)