• EUR/USD rallied to 1.1228 overnight, sellers then emerged and the pair turned lower

• The pair fell despite French 10-year OAT yields

moving lower

• Upward moves in USD, US yields weighed down EUR/USD

• Oil gains and drops in gold and equities added weight on EUR/USD

• 1.1185 traded in Europe, NY opened near 1.1200, pair was down -0.16%

• RSIs are falling and the pair trades below the 10- & 21-DMAs

• Consolidation of gains off the Oct. 14 low gives bulls some encouragement though
eurusd

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