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The March Dollar closed lower on Tuesday as it extends the decline off last-Thursday's high. The low-range close sets the stage for a steady to lower opening when Wednesday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at 98.62 are needed to confirm that a short-term top has been posted. If March renews the rally off December's low, weekly resistance crossing at 99.90 is the next upside target. First resistance is last-Thursday's high crossing at 99.82. Second resistance is weekly resistance crossing at 99.90. First support is the 20-day moving average crossing at 98.62. Second support is the 50-day moving average crossing at 97.67.

The March Euro closed higher on Monday as it consolidates some of the decline off the December 31st high. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI have turned neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at 109.49 are needed to confirm that a short-term low has been posted. If March extends the decline off December's high, monthly support crossing at 106.55 is the next downside target. First resistance is the 20-day moving average crossing at 109.49. Second resistance is the 50-day moving average crossing at 110.83. First support is last-Thursday's low crossing at 107.93. Second support is monthly support crossing at 106.55.

The March British Pound closed higher on Tuesday. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI have turned neutral to bullish hinting that a low might be in or is near. Closes above the 50-day moving average crossing at 1.3072 would confirm that a short-term low has been posted. If March extends the decline off December's high, the 50% retracement level of the September-December-2019 rally crossing at 1.2801 is the next downside target. First resistance is the February 13th high crossing at 1.3080. Second resistance is the December 31st high crossing at 1.3225. First support is last-Thursday's low crossing at 1.2857. Second support is the 50% retracement level of the September-December-2019 rally crossing at 1.2801.

The March Swiss Franc closed higher on Tuesday as it extends the rally off last-Thursday's low. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI have turned neutral to bullish signaling that a low might be in or is near. Close above the 20-day moving average crossing at 1.0271 would confirm that a short-term low has been posted. If March renews this month's decline, the 75% retracement level of the December-January-rally crossing at 1.0156 is the next downside target. First resistance is the 20-day moving average crossing at 1.0271. Second resistance is the 50-day moving average crossing at 1.0303. First support is last-Thursday's low crossing at 1.0170. Second support is the 75% retracement level of the December-January-rally crossing at 1.0156.

The March Canadian Dollar closed higher on Tuesday. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. If March resumes the decline off December's high, last-September's low crossing at 74.90 is the next downside target. If March resumes the rally off February's low, the 50-day moving average crossing at 76.02 is the next upside target. First resistance is last-Friday's high crossing at 75.75. Second resistance is the 50-day moving average crossing at 76.02. First support is February's low crossing at 75.01. Second support is last-September's low crossing at 74.90.

The March Japanese Yen closed higher on Tuesday as it consolidates some of this year's decline. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI have turned neutral to bullish signaling that a low might be in or is near. Closes above the 20-day moving average crossing at 0.0912 would temper the near-term bearish outlook. If March resumes this year's decline, weekly support crossing at 0.0881 is the next downside target. First resistance is the 20-day moving average crossing at 0.0912. Second resistance is the 50-day moving average crossing at 0.0916. First support is last-Thursday's low crossing 0.0892. Second support is weekly support crossing at 0.0881.