In a special note to clients, Deutsche Bank argues that EUR/USD recent painful squeeze doesn't have much more to run advising that these are good levels to re-enter shorts. DB outlines 3 main reasons behind this call: First, history suggests that counter- moves in dollar trends rarely go beyond the current correction. "Of the ten largest dollar moves in history, all but one have witnessed a squeeze greater than 10%. The current 9% correction is very close to historical experience, suggesting we should be at (or very close to) the end of the squeeze," DB notes. Second, positioning is much cleaner. "FX trading volumes ... (full story)