The USDCAD which has largely been trading sideways for most of the year, is back at the 100 day MA level. The level comes in at 1.0064.

The pair was largely influenced by the price of oil in the past as Canada is an exporter of oil products.  However, it has not been correlated strongly with the price of oil lately.  Today it seems, the pair is paying attention as Crude Oil heads above $141 per barrel.