USD/JPY closed higher on Monday as it consolidated some of the decline off April's high. The low-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 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 top with the early-August high has been posted.