USDJPY is the pair of choice to express the strength of the DollUSD/JPYOANDA:USDJPYmiketigerThe USDJPY pair operates under an absolute dominance regime of the Dollar, driven by today's "Clearly Strong" employment report (NFP) (178k positions created). While other currencies suffer from energy stagflation, the Yen continues to be used as a financing currency (carry trade) due to the interest rate differential and the need for collateral in USD Reference Price: 159.609. Bias / MSS: Bullish (Expansion of Yields). MSS HTF (Confirmation): 159.00 The USDJPY is the pair of choice to express the strength of the Dollar in Q2. The Swing setup focuses on maintaining the upward trend as long as the institutional support at 159.00 is defended. Beta Action: Maintain long exposure (Bullish). Risk: Verbal intervention of the BoJ at levels close to 160.00. However, with oil at $109, Japan faces imported inflationary pressure that limits its ability to strengthen the Yen without raising rates JPY Vector: Persistent Weakness (JPYBASK in decline), indicating that the market prioritizes the USD yield over JPY's safe haven status. Rate Differential (Fed vs BoJ): The Fed maintains the restrictive policy (3.50-3.75%) in the face of supply shocks. The Yen cannot attract capital despite geopolitical risks, being liquidated to cover margins in other assets. NFP catalyst: The 178k data validates American resilience, forcing the closing of short positions on the USD and accelerating the rally against JPY. Hedge Global: In energy stagflation scenarios, capital is centralized in the USD as primary protection, abandoning the Yen (JPYBASK -0.28%) This setup is based on the thesis that the Dollar will continue its upward trajectory towards the highs of the fiscal year, fueled by the Fed's Hawkish Hold. Entry Zone (Optimal Buy): Re-test of the 159.20 - 159.60 zone. Rational: Re-test of MSS LTF (159.20) after confirmation of NFP strength. Stop Loss: 158.20. Targets (HTF Targets): Target 1 (Base): 160.20 (Resistance Flip). Target 2 (W1): 161.50 (Tax Year Maxima). Target 3 (W2): 163.00 (Liquidity pool by Yields expansion)