The pair is, again, getting closer to the SNB intervention area, between 1.5100 and 1.5080. The outlook for the pair are for it to decline, even though traders expect that depending on the results of the meeting between Obama and Jiabao in China, the dollar could strengthen against the Swiss franc. The bands of Bollinger show that the pair as low volatility in the hour, while the RSI is around the oversold area.

If we observe the Stochastic, this indicator could show buying signs in the next hour. If the trend reverts, the next resistance to consider is at 1.5130 francs per euro.

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