• EUR/USD opened NY near 1.1740 after 1.1788 traded overnight, pair neared 1.1750 early

• Sellers emerged again after above estimate April CPI rallied the USD, US yields

• USD/CNH turned up, gold, silver & stocks fell all of which contributed to the USD's bid

• EUR/USD fell below the 10- & 21-DMAs, hit 1.1722, neared 1.1730 late, was down -0.45%

• Move below the 10- & 21-DMAs, falling daily RSI could be worries for EUR/USD bulls

• Contracting 15-mo Bolli bands, May doji candle could be added concerns for bulls
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)