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Forex: USD/JPY falls further to 95.65

The US Dollar is trading lower today against the Japanese Yen and after falling around 100 pips from 96.60, the USD/JPY is testing the 95.65 level. Currently the pair is trading at 95.75.

With 0.33% daily losses from opening price, the pair is slightly bearish according to the FXstreet.com's trend index. CCI and Momentum indicators are bearish while MACD and Stochastic are neutral in the 1-hour chart.

Below the 95.65, next supports are at 95.45 and 95.25. Resistances, on the other side, come at 96.15, 96.50 and 96.70.

Forex Flash: Movement today driven by fundamentals - Scotiabank

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