USDJPY: Towards 103.5 the road is clearThere is nothing to add to the chart and the forecast I did for the last several days.
USDJPY target remain still 103.5. When Stoch is at the oversold level, i.e around 102.5-102.8, we may see a little correction that would be healthy and keeping the target of 103.5, the correction may be until 102.25 or around. Bare in mind that when you go down the momentum and acceleration is bigger then on an uptrend.
I will not go into the macro economic datas and political decision with regard the US interest rate and the possible increase of it, we still have time until Oct14.
