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USD/JPY closed lower on Monday as it consolidated some of last Thursday's decline. The mid-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI remain neutral to bearish signalling that sideways to lower prices are possible near-term. If it extends the decline off this month'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.