• NY opened near 1.1095 after EUR/UDS rallied to 1.1103 in Europe's morning

• The pair traded lower in early action and then the selling intensified

• US yield , USD gains & wide US-DE spreads

weighed

• Drops in gold, silver & USD/CNH rally into positive territory added weight on EUR/USD

• 19-month low of 1.1046 traded, the pair sat nearby late, down -0.37% in NY's afternoon

• Falling RSIs, end of recent consolidation phase are bearish tech signals

• Break of 50% Fib of 1.0125-1.2084, monthly inverted hammer add to bearish signals
eurusd

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