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Traders should pay attention into Corelation between U/C and OIL

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Sforex  
FX:USDCAD   U.S. Dollar / Canadian Dollar
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Canada is a large oil export country. Thus, Oil price affects greatly on Loonie. When oil increases, U/C decreases as a result. Oil decreases, U/C rises.

This is the long term trend.

Traders should not ignore the move of oil and Gold which affect on Loonie and Aussie.
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