• NY opened near 1.1255 after 1.1208-1.1269 traded overnight, choppy trading early

• Bears eventually took control however as USD, US yields

firmed up

• USD/CNH bounced off its low while gold, silver, stocks traded down in NY's afternoon

• EUR/USD neared 1.1210 then sat near 1.1225 late, traded near flat late in the day

• Daily RSI is rising but a daily inverted hammer formed which is a worry for bulls

• Falling monthly RSI, widening Bolli bands are also concerns for bulls
eurusd

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