Pick of the Day: USD/CAD (again)

I was taking a look at the charts and saw USDCAD, and I said to myself, “Self, let’s go for the same trade one more time!” So that’s what I’m doing again today except with the 200 SMA.

I’m shorting USDCAD when it touches 200 SMA, going for 10 pips first, and my aggressive profit target is the 100 SMA. My stop loss is going to be at 1.1501. Good luck and good trading.