In light of recent JPY strength and poor data from Canada then 100 could be tested sooner or later. Technically CADJPY appears to be set to test 100 relatively quickly with the Bearish Engulfing candles on D1 providing very small and infrequent pullbacks on the intraday timeframes. Commodity prices, particularly Oil, continue to weigh down on the Canadian Dollar which has not been helped by a spat of weaker domestic data. Additionally the yen has been a 'go to' currency this weak as they seek safe havens in light of weaker Global Growth concerns. Whilst the Yen is in a long-term downtrend (which I expect to remain in ... (full story)