(Bloomberg) -- The euro's gain to a record high against the dollar and the yen may stall, according to a technical indicator traders use to predict currency movements.
The euro's 14-day relative strength index was 67.63 against the dollar today and 70.33 versus the yen. A level above 70 signals a reversal is likely. Futures traders also raised their bets on the euro 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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