USDCAD is tightly wound with USOIL , but based on the technicals of this chart, I could see USDCAD moving down a bit further to hit the 38.2 fib level before we see a bounce back up for one more attempt at this recent bull run.
***** HOW TO READ THE CHART: The red and blue lines represent clusters of BUY/SELL orders. The thicker the line, the stronger the cluster. Red = SELL, Blue = BUY. Grayed Out = Cluster Hit & Gone.