• NY opened near 1.1395 after 1.1369 traded overnight, choppy trade then ensued

• 1.1411 traded early as the USD sold off while gold and silver rallied

• Softer US yields , tighter spreads help the pair's lift

• Equity gains and USD/CNH's pull back from its 6.7256 high helped boost EUR/USD

• EUR/USD neared 1.1390 in NY's afternoon as USD lifted & gold, silver softened

• The pair traded up +0.11% in NY's afternoon which helped daily techs lean bullish

• Daily RSI is rising and a rally followed Thursday's daily doji candle

• Falling monthly RSI & EUR/USD's hold below the 10-DMA are bearish signs however
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)