The yen fell back to below the key 95.0 level against the Canadian dollar after a gap of a week in early deals on Tuesday, falling as low as 95.03 around 6:35 am ET.
With the CAD/JPY pair rebounding from last week's failed test of 92.30 support, further bearish extension is likely for the yen with a support target is visible near the 95.40 area in the near-term.