103-104 seems to be the max target for USDJPY... a brexitless view shows an almost perfect shs formation with a downside target at the bottom of the medium term channel. worth trying a short... except if boj starts further easing.
103 104 is good enough, what follows is indifferent for now
darth.stocks
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You are correct. It depends on BOJ. In July they announced to increase their purchases fron 3.3 to 6 tril JPY...Till now their purchases were minimal, so it seems they are keeping their powder dry for whatever reason. I expect quit some time action from them.