The Euro also extended its gains against the Yen ever since the pair breached the 165.09 level, and now the pair is targeting the 168.27 but in order to do that the pair must breach the 166.94 level which was able up until now into limiting the strong bullish wave, while the momentum indicators are showing the pair might need a slight correction before attempting a breach, and the point at 166.38 offers good demand for the pair.