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The September Dollar closed lower on Monday as it extended this month's decline. The low-range close sets the stage for a steady to lower opening when Tuesday'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 this month's decline, March's low crossing at 94.78 is the next downside target. Closes above the 50-day moving average crossing at 96.77 would temper the near-term bearish outlook. First resistance is June's high crossing at crossing at 97.27. Second resistance is May's high crossing at 97.72. First support is today's low crossing at 95.50. Second support is March's low crossing at 94.78.

The September Euro closed higher on Monday as it extends the rally off May's low. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If September extends the rally off May's low, March's high crossing at 116.21 is the next upside target. Closes below the 50-day moving average crossing at 115.73 would temper the near-term friendly outlook. First resistance is today's high crossing at 114.76. Second resistance is March's high crossing at 116.21. First support last-Tuesday's low crossing at 112.62. Second support is May's low crossing at 112.12.

The September British Pound closed slightly higher on Monday. The mid-range close sets the stage for a steady to higher opening when Tuesday'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. Closes above the the reaction high crossing at 1.2821 are needed to confirm that a short-term low has been posted. If September resumes the decline off May's high, the October-2016 low crossing at 1.2439 is the next downside target. First resistance is the reaction high crossing at 1.2821. Second resistance is the 50-day moving average crossing at 1.2900. First support is last-Tuesday's low crossing at 1.2556. Second support is the October-2016 low crossing at 1.2439.

The September Swiss Franc closed higher on Monday as it extends the rally off May's low. The high-range close sets the stage for a steady to higher opening when Tuesday'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 May's low, January's high crossing at 1.0505 is the next upside target. Closes below the 20-day moving average crossing at 1.0152 would temper the near-term friendly outlook. First resistance is today's high crossing at 1.0375. Second resistance is January's high crossing at 1.0505. First support is last-Tuesday's low crossing at 1.0069. Second support is the reaction low crossing at 0.9993.

The September Canadian Dollar posted an inside day with a higher close on Monday. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are overbought, diverging but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If September extends the rally off June's low, February's high crossing at 76.46 is the next upside target. Closes below the 50-day moving average crossing at 74.81 would temper the near-term bullish outlook. First resistance is last-Thursday's high crossing at 76.17. Second resistance is February's high crossing at 76.46. First support is last-Tuesday's low crossing at 74.57. Second support is June's low crossing at 73.94.

The September Japanese Yen closed slightly higher on Monday. The high-range close sets the stage for a steady to higher opening when Tuesday'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 April's low, the 87% retracement level of the November-January-rally crossing at 0.0942 is the next upside target. Closes below the 20-day moving average crossing at 0.0929 would confirm that a short-term top has been posted. First resistance is the 75% retracement level of the November-January-rally crossing at 0.0936. Second resistance is the 87% retracement level of the November-January-rally crossing at 0.0942. First support is the 20-day moving average crossing at 0.0929. Second support is the 50-day moving average crossing at 0.0919.