The above quote comes from a description of the Top Thrill Dragster roller coaster at Cedar Point amusement park in Ohio, but it just as easily could describe the past week’s price action in EUR/USD. The world’s most widely traded currency pair exploded through resistance at 1.1200 this time last Thursday and surged all the way above 1.1700 by Monday before crashing back down to earth yesterday. As of writing, rates are peeking back below the 200-day moving average near 1.1300, and a return back to the “starting line” at 1.1200 by the end of the week would hardly be surprising, especially after today’s preliminary US ... (full story)