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• NY opened near 1.1215 after 1.1182 traded overnight, rally extended early
• Rally fueled by USD, US yields & USD/CNH drops and gold, silver, equity rallies
• EUR/USD hit 1.1231 but sellers emerged, 1.1210 neared late, pair was down -0.25%
• Firmer USD, yields & downward moves in gold, silver stocks weighed on EUR/USD
• Techs lean bearish; RSIs indicate downward momentum, pair below the 21-DMA
• Widening 15-month Bolli bands contribute to the bearish
tech signals
eurusd

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