(Bloomberg) -- The dollar's slide to a 27-month low against the euro may stall, according to a technical indicator some traders use to predict currency movements.
The euro's 14-day relative strength index was 70.1 against the dollar today. A level above 70 signals a reversal of direction. Futures traders also raised their bets on the euro to gain against the dollar to a record, suggesting the single currency is vulnerable to a decline.
Read more at Bloomberg Currencies News
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