Read more about this trade and many others on my personal trading blog. EURCHF has pulled back to support — a major support level established when the Swiss National Bank declared it would defend the 1.20 level on EURCHF back in 2011. This image has been resized. Click this bar to view the full image. The original image is sized 1184×705. The chart above illustrates the trade setup; it is basically risking 53 pips to gain 256 pips, resulting in a reward/risk of a bit under 5:1.