Since there is no change in FED's policy, ie no review or postponing of the end date, in other word, FEd is keeping the tapering schedule, will not rise one to a sudden, at least not before 1Q15, we can expect 101.5 to remain an important and 103.5 an important . If FEd increase its , we may se a move above 103.5. If BoJ fulfill its 2% target, we may see a move bellow 101.5. In the mean time, the channel is between 101.5 and 103.5 . you can see my studies 11 days ago. Nothing has changed.