Important events today:

15:30 UTC – US Department of Energy: Release of crude oil inventories.

Judging by the situation, USDJPY is going to move into the 4-year extremum zone (115.51), a decline to the nearest levels after which should be considered for entry with short deals. First of all, this is justified by a decrease in the spread (now 73 points) of short-term and long-term US Treasury bonds on the debt market. This may indicate the expectations of an increase in interest rates of the US Federal Reserve.

The bullish trend in the US stock market is also expected to continue, which has a positive effect on the dollar.

Recommendation: Buy 114.60 / 114.35 with TP 115.09.