USD/CAD has shown a mind of its own in the last hour, rising to 1.0200 from 1.0157.

Part of the reason for the gain is a nearly $1 drop in oil prices over the past hour although Canadian oil is trading at the tightest spread to WTI since October.

The topside has been capped by Asian sellers (or more accurate CAD/JPY buyers). Resistance at 1.0200 and 1.0235/40.