Dr. Nenner put out a 122.40 downside tgt. on this cross mid month. I am mentioning this for several reasons, first the condition of the market, this cross is getting very oversold on the very long term time frames,second EUR/CHF has picked up the lows in the straight Euro for the last “2” 20 figure rallies over the past 9 months, thirdly the highest probability turn time comes in a few days either side of a monthly close. (Pressing short Euro positions into this area is not the best strategy!) A close back above 125.10 would likely signal we’ve seen the seen the end of this recent Dollar strength. Pay close attention to your Euro tgt’s going into next week.