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USD/JPY closed slightly lower on Friday extending the decline off April's high. Profit taking tempered early gains and the mid-range close sets the stage for a steady opening on Monday. Stochastics and the RSI are remain neutral to bearish signalling that sideways to lower prices are possible near-term. If it extends this summer's decline into uncharted territory, downside targets will be hard to project. Closes above the 20-day moving average crossing would signal that a double-bottom with the early-August low has been posted.