Holding above 164.00 may lead to testing yearly highs.
Bears aim below 164.00 for reversal; Tenkan-Sen, Kijun-Sen as supports.
The Euro posted solid gains against the Japanese Yen (JPY) on Wednesday, amid an improvement in risk appetite and the dovish stance adopted by the Bank of Japan (BoJ) despite rising interest rates. At the time of writing, the EUR/JPY trades at 164.25, up 0.67%.