On 20 August I had written about trading USDCAD by tracking Oil price. At that time Oil price was trading at 116.56, USDCAD was trading at 1.0588.
Today we had seen oil price moving up higher to 121.21 and indeed USDCAD went lower to 1.0449.
See here:
Forex and Binary Trading: Trade USDCAD by tracking Oil price (Part 2)