The EUR/JPY pair tumbled sharply on Friday, shedding 0.72% to reach a low of 163.10 after losing support at 164.00. This break below key levels signals a bearish shift, as intensified selling pressure pushed prices toward 163.00. Technical indicators reinforce this downward momentum. The MACD shows growing red histograms and a bearish crossover, while the RSI at 43 is dipping further into negative territory, signaling increased bearish sentiment. Looking ahead, the pair may continue to slide, with immediate support at 163.00, followed by 162.50 and 162.00. On the upside, resistance levels to watch include 164.00, 164.50, and 165.00.