EUR / JPY - an opinion

EUR/JPY in the longer term seems to be in a downtrend, but the short term is heading up right now. I guess if the uptrend holds, it will rebounce off 167.00 region... otherwise I'd say a fall to 164 first, before to 156 is possible. It just needs some place to head bang before taking the dive... hmm, then again, it could have started a new trend upwards.. oh well... time will tell :D