The USD/JPY is currently holding within a lower range of 155.25-156.75, established on Friday.
An inside day is possible in Asia today, with prices ranging between 155.97 and 156.30 EBS.
A massive $1.1 billion in option expiries at 155.75 could provide support for the currency pair.
The USD/JPY is also holding below a wide hourly Ichimoku cloud of 156.40-157.82.
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