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USD/JPY closed lower on Friday as it consolidated some of Thursday's rally. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI remain bearish signalling that sideways to lower prices are possible near-term. If it extends the decline off last week's high, December's low crossing is the next downside target. If it renews the rally off December's low, December's high crossing is the next upside target.