JBLU has shown a strong correlation with USDCAD, as both financial instruments are inversely correlated with oil (shown below). It should also be noted that USDCAD has recently broken out of a cup and handle pattern on the monthly chart and a continued rise could be an early indication of similar price action in the aerospace sector. The wave count for USDCAD...
I think the likely direction is to the up side.
Colour coded scenarios. Green Arrows Up. Purple Arrow neutral. Red Arrow down.
Long term, monitor for levels.