$USDJPY

$USDJPY  posted an inside day with a lower close on Tuesday as it consolidated some of last Friday's rally. The low-range close sets the stage for a steady to lower opening when Wednesday's night session begins trading. 

Stochastics and the RSI remain neutral to bullish signaling that sideways to higher prices are possible near-term. If September extends the rally off August's low, July's high crossing at .12854 is the next upside target. If September renews the decline off July's high, the reaction low crossing at .12514 is the next downside target. 

First resistance is last Friday's high crossing at .12793. 

Second resistance is July's high crossing at .12854. 

First support is August's low crossing at .12556. 

Second support is the reaction low crossing at .12514.