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The June Dollar closed sharply lower on Friday ending a two-day short covering bounce off Tuesday's low. 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 20-day moving average crossing at 90.82 would signal that a short-term low has been posted. If June renews the decline off March's high, the 87% retracement level of the February-March-rally crossing 89.71 is the next downside target. First resistance is the 20-day moving average crossing at 90.82. Second resistance is May's high crossing at 91.44. First support is Tuesday's low crossing 89.96. Second support is the 87% retracement level of the February-March-rally crossing 89.71.

The June Euro closed higher on Friday. 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 turning neutral to bullish signaling that sideways to higher prices are possible near-term. If June extends the rally off March's low, the 75% retracement level of the January-March-decline crossing at 122.27 is the next upside target. Closes below the 50-day moving average crossing at 119.76 would signal that a short-term top has been posted. First resistance is Tuesday's high crossing at 121.90. Second resistance is the 75% retracement level of the January-March-decline crossing at 122.27. First support is the 20-day moving average crossing at 120.87. Second support is the 50-day moving average crossing at 119.76.

The June British Pound closed higher on Friday ending a two-day setback off Tuesday's high. 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 neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 50-day moving average crossing at 1.3880 would confirm that a short-term top has been posted. If June resumes this month's rally, February's high crossing at 1.4245 is the next upside target. First resistance is Tuesday's high crossing at 1.4167. Second resistance is February's high crossing at 1.4245. First support is the 10-day moving average crossing at 1.4009. Second support is the 20-day moving average crossing at 1.3959.

The June Swiss Franc closed higher on Friday. 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 turning neutral to bullish signaling that sideways to higher prices are possible near-term. If June extends the rally off April's low, the 75% retracement level of the January-April-decline crossing at 1.1233 is the next upside target. Closes below the 20-day moving average crossing at 1.0996 would signal that a short-term top has been posted. First resistance is the 62% retracement level of the January-April-decline crossing at 1.1117. Second resistance is the 75% retracement level of the January-April-decline crossing at 1.1233. First support is the 20-day moving average crossing at 1.0996. Second support is the 50-day moving average crossing at 1.0863.

The June Canadian Dollar closed higher on Friday and is poised to resume the rally off April's low. The mid-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are overbought and are turning neutral to bearish signaling that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 81.30 would signal that a short-term top has been posted. If June extends the aforementioned rally, the May-2015 high crossing at 83.66 on the monthly continuation chart is the next upside target. First resistance is Wednesday's high crossing at 83.02. Second resistance is the May-2015 high crossing at 83.66. First support is the 10-day moving average crossing at 82.13. Second support is the 20-day moving average crossing at 81.30.

The June Japanese Yen closed slightly higher on Friday. The mid-range close sets the stage for a steady to higher 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 June extends the decline off April's high, the April-9th low crossing at 0.0910 is the next downside target. If June renews the rally off March's low, the 50% retracement level of the January-March-decline crossing at 0.0939 is the next upside target. First resistance is the 38% retracement level of the January-March-decline crossing at 0.0930. Second resistance is the 50% retracement level of the January-March-decline crossing at 0.0939. First support is the April-9th low crossing at 0.0910. Second support is March's low crossing at 0.0918.