Forex Flash: USD/CAD finds 1.0160 double bottom; upside risks - TDS

According to Mr. Osborne: "The short-term pivot for USD/CAD at 1.0155/60—the lows seen after the initial rally on Friday—has underpinned the USD so far today and provided the platform for what looks to be a strong advance intraday. The very short-term picture suggests a minor double bottom at 1.0160, triggered by a push through the 1.0184 trigger which implies upside risk to 1.0210/15 over the balance of the session."