The pair is now inside the area used by the SNB to intervene, between 1.5100 - 1.5080. This is triggered by the greenback's weakness and the pair is now trading at 1.5090 francs per euro. The bands of Bollinger show low volatility, which indicates a possible reaction, while the 14 period RSI is around the oversold area.The Stochastic shows selling signs right now. If the trend reverts, 1.5100 is the important resistance, while 1.5080 is the key support.

Depending on what Bernanke says, the pair could offer us excellent trading opportunities.

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