FXstreet.com (Córdoba) - The Euro is falling sharply against Yen for the second day in a row and continues to pull down after reaching yesterday at 138.45 a 2-month high. EUR/JPY trades at 136.45/50, 0.50% below today's opening price. The pair tested earlier an important support at the 136.10/00 zone. If it falls below, Yen could gain momentum.

The next support levels lie at 135.50 and below at 134.70/60. On the upside, the pair could face resistance at 136.80 and above at 137.40 (intra-day high).