• NY opened near 1.1575 after EUR/UD rallied 1.1557-1.1590 in Europe's morning

• The pair fell early on firm USD, US yields & an upward move in oil

• 1.1560 was neared but the drop stalled, buyers then emerged as risk improved

• Hopes for the U.S. and Iran to sign a peace deal put a bid under riskier assets

• USD, US yields, oil moved downward while stocks, gold & silver rallied

• EUR/USD neared 1.1585 then sat near 1.1575 late, it was down -0.05% late

• A daily doji candle formed, suggests consolidation of gains off Thursday's low

• Falling RSIs, pair's hold below the 10- & 21-DMAs are concerns for EUR/USD bulls
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)