USD/JPY consolidates at 95.20

FXstreet.com (San Francisco) - After being rejected by the 95.75 area in the early American session, the USD/JPY fell to the 95.00 but the pair held the position and currently it's pricing around 95.20.

Moving in consolidation mode, the pair is 0.75% positive on the day. Short term perspective, however, is slightly bearish according to the FXstreet.com trend index in the 15-minute chart. Indicators such as MACD and Momentum are pointing to the south while the CCI is bullish and the Stochastic is neutral.

Below the 95.00 area, next supports are at 94.80 and 94.50. On the upside, resistances are at 95.35, 95.75 and 96.10.