CADJPY looks to of broken out a H and S structure on the 1H channel it was in. With Oil falling as well we could see further downside on the pair, back down for a correction to a Bullish trend, before seeing more upside. CAD is fundamentally stronger the JPY due to the current central bank rate hike cycle with 3 hikes from the BOC in the last 6 months. Most of the JPY strength has come on the back of Dollar weakness and some of Kurodas comments on Friday afternoon were well received by the market.