The Euro also managed to gain against the Yen after the critical level at 165.14 was breached and the pair is now targeting the 168.58 level, yet the momentum indicators are showing the pair is being traded within an overbought area on intraday and short term basis and that would require a correction yet if this correction occurs the pair shouldn't breach the 165.14 and if it did strong support is seen around the 164.04.