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The USD/JPY position is neutral and has entered a consolidation range
1)recently stressed that USDJPY will test the key 109.35 support.
2) USD/JPY hit a low on Tuesday's US session 109.76, but then there was a strong rebound;
3)USD/JPY has entered a consolidation range, and USD/JPY is expected to be sideways in the 109.90 to 111.45 range.