140.61 was last months low, we printed a lower low of 140.48 early a.m. Simply put you now have the potential for a double bottom on the monthly chart. You could see some short term strength this week. Euro bears need to be patient to sell rallies or wait for sustained price action under this level and or a confirmation in EUR/CHF under 125.10 to sell weakness. Today 142.70 looks to be a low risk level to sell Euro with a tight stop off the point & figure charts.