Narrow range. 100 and 200 hour MAs in play.
The USDJPY has had a random up and down time of it so far today.
Technically, today the pair found support above the 200 hour MA in the Asian session (green line). Wandered up to the 111.58 area. That level was the swing high from March 23rd. ON Thursday last week, the level from broken on the way to the 38.2% retracement at 112.14. Later on Friday, that line was re-broken to the downside. Staying below keeps the sellers more in control. It also forms a head and shoulder formation.