• NY opened near 1.1770 after 1.17425 traded overnight, rally extended early NY

• Softer USD, US yields , oil & drop in USD/CNH helped lift EUR/USD

• 1.1794 traded but the pair pulled back on Pres. Trump's comments on the ceasefire

• EUR/USD neared 1.1770 then climbed again & sat near 1.1780 late in the session

• Gains in gold, silver, stocks & oil eroding some gains helped the pair's late lift

• EUR/USD traded down only -0.06% in NY's afternoon

• Pair's holds above the 10- & 21-DMAs, rising monthly RSIs gives bulls some comfort

• Daily bull hammer formed after 21-DMA was neared, gives bulls more comfort
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)