USDJPY: Wait and see Pedning FED's decision

FX:USDJPY   U.S. Dollar/Japanese Yen
Some FOREX pairs's future are really in between the lips of CB's President either ECB for EURUSD             or FED and Yellen for USDJPY             .
Having said that, the future of USDJPY             is in the lips of Yellen.
there might be a technical correction on the pair in favor or JPY towards 101.5 or even a little bit bellow, but on a long run, particularly of FED increases its interest rate , USD may cross the line of 102.5 and above towards 103.5 and 104.
There is the initial sign of an upward movement, with Tenkan Kijun twist bellow the Kumo Cloud. Lagging span is still in the price and didn't cross the Kumo but if it will, this will happen at the tighest part of the cloud, which means that the price may jump after a technical correction.
On the BoJ side, everything has been said, and there isn't an expected next move yet, we need to see and wait for FED's announcement.
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out