CADJPY continues to fall inside the short-term correction C which previously broke through the support level 79.800 (which stopped the A wave of the active ABC correction (2) at the start of September) – coinciding with the 50% Fibonacci correction of the upward impulse wave (1) from July. Given continued bullish yen sentiment seen across the currency markets today – CADJPY is likely to extend the losses toward the next support level 78.150 (former support from June and July).