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The September Dollar closed lower on Wednesday and below the 50-day moving average crossing at $105.377 opening the door for additional weakness near-term. The low-range close sets the stage for a steady to lower opening when Thursday's nights session begins trading. Stochastics and the RSI are turning neutral to bearish signaling sideways to lower prices are possible near-term. If September extends the 38% retracement level of the 2021-2022 rally crossing at $102.753 is the next downside target. Closes above the 20-day moving average crossing at 106.488 would signal that a short-term low has been posted. First resistance is the July 27th high crossing at $107.300. Second resistance is July's high crossing at $109.140. First support is today's slow crossing at $104.515. Second support is the the 38% retracement level of the 2021-2022 rally crossing at $102.753.

The September Euro closed higher on Wednesday as it renewed the rally off July's low. The mid-range close sets the stage for a steady to higher opening when Thursday's night session begins trading. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 50-day moving average crossing at $1.04053 would open the door for additional gains near-term. If September renews the decline, the December-2002 low on the monthly continuation chart crossing at $0.98540 is the next downside target. First resistance is the 50-day moving average crossing at $1.04053. Second resistance is the June 27th high crossing at 1.06785. First support is the July 27th low crossing at $1.01345. Second support is the July 14th low crossing at $1.00000.

The September British Pound closed higher on Wednesday. The high-range close sets the stage for a steady to higher opening when Thursday's night session begins trading. Stochastics and the RSI are turning neutral to bullish signaling sideways to higher prices are possible near-term. If September renews the rally off July's low, the 25% retracement level of the 2021-2022 decline crossing at 1.2385 is the next upside target. Closes below last-Friday's low crossing at 1.2012 would temper the near-term friendly outlook. First resistance is the 25% retracement level of the 2021-2022 decline crossing at 1.2385. Second resistance is the May high crossing at 1.2677. First support is last-Friday's low crossing at 1.2012. Second support is July's low crossing at 1.1778.

The September Swiss Franc closed sharply higher on Wednesday as it renewed the rally off June's low. The high-range close sets the stage for a steady to higher opening when Thursday's night session begins trading. Stochastics and the RSI have turned neutral to bullish signaling that sideways to higher prices are possible near-term. If September renews the rally off July's low, the 50% retracement level of the 2021-2022 decline crossing at 1.08120 is the next upside target. Closes below the 50-day moving average crossing at 1.03914 would signal that a short-term top has been posted. First resistance is today's high crossing at 1.06775. Second resistance is the 50% retracement level of the 2021-2022 decline crossing at 1.08120. First support is the 50-day moving average crossing at 1.03914. Second support is the July 14th crossing at 1.01650. Third support is June's low crossing at 1.00235.

The September Canadian Dollar closed higher on Wednesday as it renewed the rally off July's low. The high-range close sets the stage for a steady to higher opening when Thursday'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 September renews the rally off July's low, the 62% retracement level of the April-July decline crossing at 78.67 is the next upside target. Closes below last-Friday's low crossing at 76.99 would signal that a short-term top has been posted. First resistance is today's high crossing at 78.41. Second resistance is the 62% retracement level of the April-July decline crossing at 78.67. First support is last-Friday's low crossing 76.99. Second support is the July 5th low crossing at 76.43. Third support is July's low crossing at 75.61.

The September Japanese Yen closed higher on Wednesday. The high-range close sets the stage for a steady to higher opening when Thursday'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 September renews the rally off July's low, the 38% retracement level of this year's decline crossing at 0.078281 is the next upside target. Closes below the 20-day moving average crossing at 0.074010 is the next downside target. First resistance is last-Tuesday's high crossing at 0.076960. Second resistance is the 38% retracement level of the crossing at 0.078281. First support is the 20-day moving average crossing at 0.074010. Second support is July's low crossing at 0.072085.