// TRADING TERMINOLOGY
What is RSI (Relative Strength Index)?
A momentum oscillator that measures the speed and change of price movements.
In-Depth Explanation
RSI oscillates between 0 and 100. Traditionally, a reading above 70 is considered "overbought" and below 30 is "oversold." However, in strong trends, these levels can remain extreme for long periods.
Practical Example
"The RSI on EUR/USD hits 85, signaling that the current rally may be overextended."
Related Terms
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