• NY opened near 1.1235 after 1.1214 traded overnight, 1.1238 traded early NY

• Sellers emerged and 1.1215 traded as USD, US yields

moved up

• EUR/UDS bears couldn't maintain momentum as USD buying faded away

• Yields softened while oil & USD/CNH traded lower on the session

• Rallies in gold and equities contributed to the USD selling theme

• EUR/USD sat near 1.1235 late, was close to flat in NY's afternoon

• Daily long legged doji, monthly bull hammer candle are concerns for bears

• EUR/USD's hold above the 10-DMA also contributes to those concerns
eurusd

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