Trend in sideways has now spiked above DMAs
Add fresh longs only upon breach above 103.223.
Upswings can be extended at channel resistance.
Downswings may drag up to channel base.
& signal momentum in current upswings.
While 7DMA crosses over 21DMA on the which is the signal, and has also evidenced crossover to substantiate the swings continuation.
The next BoJ meeting (MPM) on September 20-21, again, will be a significant market event. At the previous meeting, the Bank disappointed the market with a less-aggressive-than-expected monetary easing; the Bank decided to increase purchases only in ETFs while they kept policy rate and JGB purchases unchanged.
On intraday speculative grounds, one can think one touch binary calls for target 103.768 levels.