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• NY opened near 1.1210 after 1.1243 traded overnight, drop then extended
• USD, US yield & oil gains weighed down EUR/USD
• The pair fell despite rallies in gold, silver and stocks; 1.1188 traded
• EUR/USD held near that low despite a softening in US dollar & yields
• The pair was down -0.16% in the afternoon and was also lower for the week
• Techs are bearish; RSIs, widening Bolli bands indicate downward momentum
• Daily inverted hammer, hold below the 10-DMA reinforce
bearish signals
eurusd

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