The dollar's slide lower against the yen shows no sign of letting up and it could push toward 80 yen, which the pair would not have seen since 1995, Royce Tostrams, Technical Analyst at Tostrams Groep, told CNBC.
"Now we are moving lower, we could move to about 80.10 (yen per dollar). It's a low of 1995 so you have to look back more than 14 years to find the next support," Tostrams said.
"That means the dollar/yen remains very, very weak. There's a lot of selling pressure and I don't see any signs of a trend reversal yet. So you have to remain short of the dollar/ yen," he added.