• NY opened near 1.1190 after 1.1262 traded overnight, pair's drop extended

• Rising French, Italian bond yields, USD & Us yield

gains weighed

• 1.1165 traded early in NY's morning, the drop stalled however, rally ensued

• USD, US yields, oil, USD/CNH all moved downward to help boost EUR/USD

• Gold, silver, equities lifts off their lows also contributed to lift the pair

• 1.1203 traded, EUR/UD sat near 1.1195 late, it traded down -0.57%

• Falling RSIs, widening Bolli bands, consolidation of recent drop are bear signals
eurusd

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