FxWirePro: Massive 1700 pips opportunity in EUR/CHF

It is not that we haven’t had a success of more than 4000 pips reward recommendation but we still call these 1700 pips, massive!! because it’s EUR/CHF and our readers should pay attention that this might take quite some time to reach the target due to its low volatility (We remember January 2015! Still!), and close affinity (High Correlation) to euro. But if one chooses to take this trade this can be a rewarding experience as the risk-reward remains very attractive; 1:4

One of our forecasting models is strongly suggesting a short in this pair at the current rate of 1.073 and at rallies with a target around 0.9 area. We don’t see the pair rising above 1.115 but due to the current uncertainties, we recommend a higher stop loss of 1.135 for the time being, we expect one last push upwards in the pair before collapsing down.