EUR/CHF reaching major resistance, highest price in 3 years!

The EUR/CHF pair remains inside a daily upwards channel, but it reaching a major resistance as shown on the chart. Breaking this resistance would send the pair to the highest price since January 2015, when the Swiss National Bank unpegged the 1.20 EUR/CHF peg. I expect the pair to retest the lower channel line again before reattempting to break the price level of 1.1835. SL just above resistance, TP at channel line.