The euro dropped against the Japanese Yen yesterday in the European session till it reached the major support level at 161.98; whereas investors, took the chance to buy the pair, giving it positive momentum to climb back again to the upside surpassing the opening levels and closing at the major resistance level at 162.81; while today we expect to see the pair dropping down based on some technical indicators. 


Resistance162.85 163.10 163.55 163.90 164.22