The RSI indicator signals that the EUR/USD currency pair is overbought and has been in this bullish state since December 2016. A very long duration run, considering the frequency in which the pair is traded. However, in Counting Pips we consider whether the pair has finally run out of puff as analysts say that a retracement is well overdue.

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Adinah Brown is a professional writer who has worked in a wide range of industry settings, including corporate industry, government and non-government organizations. Within many of these positions, Adinah has provided skilled marketing and advertising services and is currently the Content Manager at Leverate.