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Charts: Bearish on Euro vs Dollar

Tue 27 Apr 10 | 01:45 AM ET
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Charts: Bearish on Euro vs Dollar

Tue 27 Apr 10 | 01:45 AM ET
The longer-term trend for the euro is still down versus the dollar, but there is a solid support level at $1.25, Roelof van den Akker from ING Wholesale Banking told CNBC Tuesday. Below that, Akker believes that $1.18 is a very important price level. Meanwhile, the Eurostock 50 index is indicating higher price levels and he recommends buying on weakness.
 
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