• USD/JPY extends range trade into the European session, holds above the 100 handle.
   
• A tepid bounce in the pair was rejected at session highs by 100.52, stiff resistance seen by 10-DMA at 100.59.
   
• The pair has edged above 5-DMA at 100.17, which is now immediate support on the downside.
   
• Momentum studies are neutral, upside could gain traction only on break above 10-DMA at 100.59.
   
• On the downside break below 5-DMA finds strong trendline support at 99.60, break below could accentuate weakness.
   
• US existing home sales data will be watched for further USD moves alongside the US crude inventories data due later in the NA session.
   
• Focus also remains on the much-awaited Jackson Hole Symposium, which may provide some hints on the Fed rate hike campaign.