USD/JPY closed lwoer on Tuesday as it continues to form a potential bull flag around the 20-day moving average crossing. The mid-range close sets the stage for a steady opening on Wednesday. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible near-term. If it renews the rally off December's low, December's high crossing is the next upside target. Closes below today's low crossing would temper the bullish outlook.