As stated in my earlier article tonight -- my hypothesis was that EURUSD was showing a bit of weakness and instead of pushing on past 1.500 it would instead retrace down to 1.4975 and possibly even lower. By the looks of things at this point in time it has indeed retraced down to 1.4975 and below. The fact that it was a more then likely overbought was shown through as it had well overreached it's regression mean @ it's extreme deviation point. The EURUSD (Forex) chart is attached click on read more.