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The September Dollar closed higher on Friday and above the 62% retracement level of the February-May-decline crossing at 97.53 as it extended the rally off June's low. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If September extends the rally off June's low, the 75% retracement level of the February-May-decline crossing at 98.71 is the next upside target. Closes below the 20-day moving average crossing at 96.44 would confirm that a short-term top has been posted. First resistance is today's high crossing at 97.58. Second resistance is the 75% retracement level of the February-May-decline crossing at 98.71. First support is the 20-day moving average crossing at 96.44. Second support is the reaction low crossing at 95.37.

The September Euro closed lower on Friday. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If September extends the decline off June's high, July's low crossing at 109.47 is the next downside target. Closes above the reaction high crossing at 112.16 are needed to confirm that a short-term low has been posted. First resistance is the reaction high crossing at 112.16. Second resistance is June's high crossing at 114.55. First support is the 75% retracement level of the December-May-rally crossing at 109.21. Second support is the 87% retracement level of the December-May-rally crossing at 108.01.

The September British Pound closed lower on Friday. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the reaction high crossing at 1.3540 are needed to confirm that a short-term low has been posted. If September renews the decline off June's high, long-term support crossing at 1.2550 is the next downside target. First resistance is the reaction high crossing at 1.3540. Second resistance is broken support crossing at 1.4021. First support is July's low crossing at 1.2806. Second support is long-term support crossing at 1.2550.

The September Swiss Franc posted an inside day with a lower close on Friday leaving yesterday's key reversal up unconfirmed. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If September extends the decline off June's high, May's low crossing at 1.0103 is the next downside target. Closes above the 20-day moving average crossing at 1.0229 are needed to confirm that a short-term low has been posted. First resistance is the 20-day moving average crossing at 1.0229. Second resistance is the reaction high crossing at 1.0368. First support is Thursday's low crossing at 1.0123. Second support is May's low crossing at 1.0103.

The September Canadian Dollar closed lower on Friday. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If September extends the decline off June's high, the 38% retracement level of the January-May-rally crossing at 75.69 is the next downside target. Closes above the reaction high crossing at 77.95 are needed to confirm that a short-term low has been posted. First resistance is June's high crossing at 79.02. Second resistance is May's high crossing at 0.8018. First support is today's low crossing at 75.84. Second support is the 38% retracement level of the January-May-rally crossing at 75.69.

The September Japanese Yen posted an inside day with a slightly lower close on Friday leaving Thursday's key reversal up unconfirmed. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If September extends the aforementioned decline, the reaction low crossing at .9298 is the next downside target. Closes above the 20-day moving average crossing at 0.9672 are needed to confirm that a short-term low has been posted. First resistance is the 20-day moving average crossing at 0.9672. Second resistance is July's high crossing at 1.0025. First support is the reaction low crossing at .9298. Second support is May's low crossing at 0.9008.

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