USD/JPY bounces to 138.37 from 138.03; still below open 138.47

Bollinger uptrend channel intact; base at 137.59

Softer USD all around with risk-on picked up from Wall St

But outlook hasn't changed much for USD/JPY bulls

FOMC ahead the main focus, though 100bps hike less likely

Japan financial markets closed Monday; S&P futures +0.4%

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