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EUR/USD closed lower on Monday and below the 20-day moving average crossing. The low-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI remain bearish signalling that additional weakness is possible near-term. If it extends the decline off July's high, July's low crossing is the next downside target. Closes above the reaction high crossing are needed to renew the rally off July's low.