• NY opened near 1.1400 after 1.1420 traded overnight, the pair fell in early trading

• USD, US yield gains & wider spreads weighed on the pair

• 1.1362 traded but the pair rallied sharply on Fed Chair Warsh's comment on inflation

• USD and US yields moved downward & USD/CNH fell towards 6.7925

• Gold , silver & equities rallied after the comments

• EUR/USD hit 1.1412 then slid as USD firmed up while stocks eroded some gains

• The pair fell toward 1.1380 late in the session, EUR/USD was down -0.36%

• Falling daily, monthly RSIs & hold below the 10-DMA are bearish tech signals
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)