Pick of the Day: USD/CAD

Kinda tough to pick out a trade tonight, especially with a lack of news reports, but I think I found one. If the loonie decides to head south I will enter a trade short at 1.1630. I will have a 20 pips stop at 1.1650. My first profit target is going to be 1.1590. Once I have hit that I will close half of my position and move stop to entry point and have a 20 pip trailing stop.