• NY opened near 1.1795 after 1.1810 on EBS overnight, slide extended in NY

• Above estimate NFP, drop in unemployment rate rallied yields , US$

• US-German spreads widened in the dollar's favor, USD/CNH rallied

• Gold turned lower and equities hit fresh record highs to help buoy US$

• EUR/USD spiked down to 1.1717, bounced toward 1.1790 then neared 1.1745 late

• Pair traded down -0.47% in NY's afternoon which helped techs lean a bit bearish

• Daily RSI is falling & monthly RSI is diverging on the 3-3/4-year high set this week

• July's monthly inverted hammer candle reinforces the bearish technical signs
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)