• NY opened near 1.1700 after 1.1674 traded overnight, rally extended in NY

• Reports US, Iran delegates to meet in Pakistan for talks rallied risk

• USD, US yields , USD/CNH, oil moved down on the reports

• High beta currencies, gold , stocks gained as safe-haven assets faded

• EUR/USD hit a 2-session high of 1.1721 then dipped, neared 1.1715 late, was up +0.27%

• Hold above the 1.1650-1.1680 support & rising daily, monthly RSIs gives bulls comfort

• Should that support zone give way supports near 1.1580/90 & March low are in focus
eurusd


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