• Pair rises to 1.2615 on  lower oil prices
  
  
• WTI at USD 45.40/barrel, down 115 cents on day
  
  
• 1.2630 = 50% retracement of 1.2724 to 1.2536 (early Asia high)
  
  
• 1.2724 = Friday's high, post weak Canada retail sales data
  
  
• Pre-weekend low = 1.2546, 1.26 & 1.2610 option expiries today (closest-to-market)