USD/CAD up 140 pips

The Canadian dollar is threatening a two day reversal. The high yesterday in USD/CAD was 1.3189.

To me, the comment wasn't as dovish as the market is assuming. He outlined plenty of upside economic risks and those seem to be close to the baseline.

But if yesterday's high breaks (especially on a close) then you can't fight that kind of technical reversal. What it probably comes down to is Trump and his comments.