FXE Crosses Critical Technical Indicator
August 19, 2014 at 10:59 AM EDT
In trading on Tuesday, shares of the Euro Trust ETF (FXE) entered into oversold territory, changing hands as low as $131.31 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100..