FXstreet.com (Barcelona) - The Yen is strengthening across the board on the back of worse then expected U.S. housing starts and retail sales data, the Dollar Yen pullback from 95.30 high has extended to levels below 95.00, reaching 94.65 so far and giving away most of the ground taken previously today.

At the moment, the Dollar is testing support area art 94.50/60, and in case of a deeper pullback, next suppor levels could be at 94.35 (intra-day low/Aug 4 low) and 94.00 (Jul 29 low).

On the upside,initial resistance level lies at 95.25, and above here, 95.40/50 (intraday/ Aug 14 high) and 95.70/80.

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