/
 
USD/JPY closed slightly lower on Tuesday and the mid-range close sets the stage for a steady to higher opening on Wednesday. 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 bottom with the early-August low has been posted.