• Flat after closing -0.25%, driven by broad based USD weakness

• U.S. COVID-19 relief stalled on McConnell-Trump friction nL1N2J90H3

• Risk soured late in NY on McConnell, USD stayed soft - E-mini S&P -0.05%

• Uncertainty and familiar levels for USD/JPY suggest range trading in Tokyo

• Charts - choppy consolidation around 103.60 for a week likely to extend

• 103.81 Kijun line caps on close, then 103.95, 38.2% Nov-Dec fall resistance

• Close above 104.00 would be a positive signal for 104.41 cloud base test

• 103.49 Tenkan line a recent base, then Monday's 103.40 low initial support

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