The EUR/CHF had a large gap upward on the Sunday open and the rally has continued up to 1.2377 as of 10:30am ET. This pair may be a good alternative to trade due to the SNB setting the floor peg at 1.2000. We will have to see if this pair will be able to break the 1.25 area. Be sure to watch this pair as buying on the lower end of its channel remains a low risk strategy and the rolls are a bit higher than the EUR/USD pair.