Important events today:

13:15 UTC – US: change in industrial production.

US: auctions of the Ministry of Finance.

We will use the quotes decrease to the nearest support levels to buy this currency pair with the expectation of closing the gap (147.79), which was formed on Monday. There is a strong consensus in the market that the Japanese Central Bank will not intervene until its next meeting, which is scheduled for next Friday, so investors still have time to drive the quotes as high as possible. The growth of the yields of long-term U.S. government bonds will also provide additional support to the “bulls” in this currency pair.

Recommendations: Buy 147.30/146.95 and TP 147.80.