The Shilling has accomplished its first target of 98 to the U.S. Dollar despite interventions of the Central Bank of Kenya. This is a clear indication that the influences acting on the Shilling and other East African currencies are international.
With the benefit of hindsight, we can see that most emerging market currencies have been hammered with the emergence of the Greek and wider European debt debacle.
There is the possibility of the Shilling to re-test 82 to the U.S. Dollar, consolidate, then run away to 118 and 160. However, it seems unlikely in the short-term because the U.S. Dollar is strengthening versus major currencies.