• NY opened near 1.1200 after EUR/USD traded 1.1261-1.1161 overnight

• EUR/USD traded a tight 1.1217-1.1187 range in NY, down -0.43% late in the day

• USD, US yield gains, wider spreads capped the topside

• Rallies in stocks, silver & USD/CNH's drop from its high limited EUR/USD downside

• Despite the lack of action in NY's trading session technicals remain bearish

• Daily, monthly RSIs & widening Bolli bands indicate downward momentum remains

• EUR/USD's hold below the 10-, 21- & 55-DMAs add to the bearish tech signals
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)