I haven't been watching the $/CAD today, but thought I'd take a look at it again this evening. Here is an updated chart which can be compared to the chart posted yesterday. The PA today can be explained by looking at a USDX chart next to an oil chart. Anyway, I would not be interested in trading this until it is below 1.0344, or about 1.0410. There are many other opportunities to trade so I'll pass on this pair.