The EURUSD rally is stretched and due for at least a pullback and maybe, just maybe, a reversal. Wave structure favors a reversal sooner rather than later. The fractal nature of freely traded markets is on full display. That is, the form of the declines from 1.6000 and 1.4723 and their subsequent rallies are the same. The rally from 1.2886 is in 5 waves and wave 5 has hit and slightly exceeded the 1-3 line today. Evidence favors a turn. Of course, until there is evidence of one, going short is akin to playing Russian roulette. A drop beneath 1.3900 would signal a reversal opportunity.