• NY opened near 1.1760, pair hit 1.1775 early on some USD weakness

• EUR/USD selling then took hold as USD, US yields , USD/CNH rallied

• Those rallies were driven by concerns the deadline for Iran could be missed

• Stocks, gold, silver moved downward to help reinforce the bid for the USD

• EUR/USD fell below the 10-DMA, daily cloud top; hit a 6-session low of 1.1720

• Risk improved a bit, EUR/USD bounced, neared 1.1750 late, was down -0.40%

• Falling daily RSI, move below 10-DMA & cloud top are concerns for bulls

• Rising monthly RSI, pairs hold above the 200-DMA give bulls some comfort
eurusd


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