The longer that a trend runs, the more aggressively it can pull back. We’ve seen this in stocks a few times already this year and it’s now starting to show in EUR/USD. EUR/USD is the most popular currency pair in the world and it represents the two largest economies of Europe and the United States. Generally speaking, stability is the desired trait in the pair so that there’s a minimum of volatility derived from currency fluctuations on either side of the Atlantic. But, what’s desired isn’t always so and when a strong trend does develop, such as we’ve seen since February of this year, markets are constantly jostling ... (full story)