Descend completion...?

This pair has already completed it's historical run-down (more or less); so what is next to happen...?

I personally think that it has already hit a very strong-support area (& would have great difficulties trying to move lower from here)...

We can observe the price of crude oil & strength of the Pound to reinforce our speculation for this pair... (If crude oil starts retracing lower from current high, then expect the CAD to start weakening in the process...)