Dollar Overbought / Euro Oversold

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 |  Includes: DBV, DRR, ERE, ERO, EU, EUO, FXE, UDN, ULE, URR, UUP
by: Bespoke Investment Group

Below are our trading range charts for UUP (tracks the US Dollar index) and FXE (tracks the Euro). When a security is trading above the red zone, it is more than two standard deviations above its 50-day moving average. When it's below the green zone, it is more than two standard deviations below its 50-day. As shown in the two charts, UUP is about as overbought as it gets, while FXE is about as oversold as it gets.

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