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Hayward's men were bested by England in the Under-20s Six Nations and the Junior World Championship final last year, but can gain a measure of revenge when the two square off at Kingston Park on March 7.
A win would see Wales climb above their opponents in the table but Hayward acknowledges that his team will have to show improvement to beat an England side that have won the last four Under-20s Six Nations tournaments.
"We learnt some harsh lessons, we were outplayed in almost every aspect of the game," said Hayward.
"There is plenty to work on before we play England - we will have to be honest with ourselves and each other and accept we made mistakes in order to improve individually and collectively.
"We have said from the outset the Six Nations was an important opportunity to expose players to this level of rugby in order to see what they are capable of and develop them into better players.
"There's nothing better than tough international matches for doing just that and we knew this match and England in two weeks would be the biggest challenges.
"After these matches we will have a great idea as to where we stand in our preparation for the Junior World Championship."