The Euro also continued to rise against the Yen as the pair seems to heading towards the upside targeting the 165.30s level, yet the pair must breach the critical level at 164.04 because failing to breaching this level would confirm a negative model represented by a Double Top on a weekly basis, either way the pair needs a correction according to the momentum indicators which started showing the pair is being traded within an overbought area on intraday basis and the level at 162.57 offers good support for the pair.