Declining oil prices are not letting CAD to be stronger.
When we look at CADJPY , picture comes out as :
CADJPY Daily Chart :
During last 3 dayS FIBO retracement 61.8 @81.20 was a strong support for CADJPY.
Below this level FIBO Expansion Line at 80.50 is the stronger support.
Declining trend channel is still valid.