The euro has risen to its highest level again since last spring, but oscillators are showing overbought signals

Summary：The euro again climbed to its highest level since spring 2022 on Tuesday, but some chart indicators suggest it may be overbought, German Helaba Bank analysts said in a note. Quantitative indicators continue to point to gains in the euro, while the Relative Strength Index (RSI) and Stochastic Oscillator warn of overbought signals that should not be ignored. "The euro may come under further pressure as US real data strengthens slightly and the Fed raises market expectations for rate hikes," analysts said. Therefore, the euro may encounter resistance here and face some difficulties in the future. #GateioBountyCreator# #BountyCreator# #ContentStar# #GateLive# #NewsMessenger# #HotTopicDiscussion#