• NY opened near 1.1615 after the pair fell to 1.1608 overnight

• Rally ensued as USD, US yields moved downward

• Upward moves in gold, silver & USD/CNH's drop helped lift EUR/USD

• 1.1634 traded but the pair neared 1.1625 late, was up +0.02% late

• Firmer USD, yields & drop in equities helped push EUR/USD downward

• A daily doji formed and EUR/UDS held below the 200-DMA

• EUR/USD rallied back above the 10- & 21-DMAs which comforted bulls
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)