The euro declined against the Japanese yen yesterday as the pair failed to breach the key resistance level at 163.93 to decline then in a strong bearish wave until the strong support level at 162.84, and as the technical indicators reflect the pair is expected to progress the downside wave with high levels of negative momentum to reach the support level at 162.60. 


Resistance163.12 163.54 163.90 164.20 164.67