• NY opened near 1.1405 after 1.1380 traded overnight, pair extended its rally in NY

• Early USD selling, rally in equities helped the pair to steadily climb

• EUR/JPY rally toward 185.05 & USD/CNH's drop helped fuel the pair's rally

• EUR/USD neared the 10-DMA, hit 1.1431, it traded up +0.41% in NY's afternoon

• Drops in gold, silver and firmer US yields likely helped limit EUR/USD gains

• Daily RSI is rising but monthly is falling & the pair is still below the 10- & 21-DMAs
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)