The pair is getting closer to the reference level used by the SNB at 1.5100 - 1.5080. We'll be paying attention to the Swiss Franc strengthening, which worries so much the central bank.A few moments ago, the pair was trading at 1.5108 francs per euro. The bands of Bollinger show a volatility of 30 pips in the hour, while the RSI is clearly oversold.

If the trend reverts, the next resistances are at 1.5115 (23.60%) and 1.5140, while, on the downside, the levels to consider are at 1.5100 and 1.5080 francs per euro.

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