Shares of FXEU Now Oversold
June 13, 2016 at 15:51 PM EDT
In trading on Monday, shares of the PowerShares Europe Currency Hedged Low Volatility Portfolio ETF (FXEU) entered into oversold territory, changing hands as low as $23.3501 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..
