• NY opened near 1.1600 after EUR/USD traded downward in Asia and Europe's morning

• The pair then hit a 1-1/2-month low of 1.1583 in early NY, buyers then emerged

• USD, US yields , USD/CNH & oil moved sharply lower to help lift EUR/USD

• Hopes for a deal between the US and Iran drove investors out of safe-haven assets

• Gains in gold, silver & stocks added weight on USD and helped EUR/USD turn positive

• The pair briefly pierced the 55-DMA, traded 1.1646 then neared 1.1620 late in the day

• EUR/USD traded up +0.13% in NY's afternoon but a daily doji candle formed

• A doji indicates either the recent down trend will resume or could reverse

• Monthly RSI & inverted hammer, pair's hold below many DMAs are bear signs though
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)