FX:USDJPY   U.S. Dollar / Japanese Yen
Our fundamental bias is tilted to the upside for this pair as the FED is expected to hike rates earlier due to inflation fears in the US economy. The JPY is expected to be pressured due to the BOJ assuring the market that they are not planning to raise rates anytime soon. We structurally expect the pair to complete a WXY in a higher timeframe.