One of the driving factors in the April CPI report was higher gasoline prices as crude hit $88 in early April, however that move continues to reverse with WTI crude now trading below $77.In the past few minutes, WTI crude just touched below the March/May lows near $76.79. A close below that bottom would still need to get through the late-February lows at $75.78 and the $75.00 figure but there is something of a head-and-shoulders top in play and angst about OPEC. A break in the cartel might help to send oil back to the December lows near $68 and that's also the measured target of the H&S.With this decline in oil, the Canadian dollar is under some pressure. USD/CAD is at the highs of the day,
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