• NY opened near 1.1615 after 1.1634 traded overnight, the pair fell in NY

• EUR/USD was weighed down by broad-based USD buying, USD/CNH neared 6.7820

• Rise in US yields , oil & wide spreads

added weight

• Drops in gold, silver and equities also weighed as those helped lift the USD

• EUR/USD broke the up trend line off the March 16 low, hit 1.1595, was down -0.29% late

• Techs lean bearish; pair below 10-, 21-, 55- & 200-DMAs; RSIs indicate downward momentum

• Head and shoulder pattern forming on monthly chart adds to bearish sentiment
eurusd


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