• NY opened near 1.1690 after 1.1677 traded overnight, lackluster rally ensued

• Pair hit 1.1714 as USD, US yields , USD/CNH & oil traded down

• Most NY gains eroded however as the pair neared 1.1695 late in the session

• EUR/USD dipped despite gold, equity & EUR/JPY gains; pair was up only +0.05% late

• A daily doji candle formed which shows investors are unsure at the moment

• Falling monthly RSI, pair's hold below 10- & 21-DMAs are concerns for bulls
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)