The pair forms whipsaws pattern on both daily and 4H charts.
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.
RSI & Stochastic signal momentum in current upswings.
While 7DMA crosses over 21DMA on the daily chart which is the bullish signal, and MACD has also evidenced bullish crossover to substantiate the bull swings continuation.
The next BoJ monetary policy 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.


FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
FxWirePro: EUR/NZD steadies ahead of ECB meeting
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 



