The question before us: is this pullback temporary and will the market (after hitting the obvious ) be looking for buyers OR will the support be broken and is more downside to come next week?
On one hand more weakness is to be expected for the Yen, due to the ongoing monetary easing by the BoJ. On the other hand more weakness is to be expected for the Euro , due to the talk of driving up fast by the ECB.
My advise is to not chase a trade for this pair and to wait for now. Monday (24) is a bank holiday in Japan, Tuesday (25) morning Kuroda will speak at an international financial forum, potentially giving a new impulse to this pair. If a supportive candle will confirm the , I will be looking to buy it again. If however no support is found and the down side continues, I would short it first.