$USDJPY

$USDJPY  closed lower on Tuesday as it consolidates below the 10-day moving average crossing at .12803. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. 

Stochastics and the RSI are turning neutral to bullish signaling that additional gains are possible. Closes below the reaction low .12631 would confirm that a short-term top has been posted. If December renews the rally off August's low, the reaction high crossing at .12922 is the next upside target.

First resistance is the reaction high crossing at .12922. 

Second resistance is September's high crossing at .12977. 

First support is the reaction low crossing at .12631. 

Second support is August's low crossing at .12565.