EURCAD bounces from weekly support

FX:EURCAD   Euro / Canadian Dollar
EURCAD             has posted a bullish engulfing candle on the weekly chart, bouncing from weekly support and inbetween the 38.2 and 50% retracement level. I would look for a retracement of last weeks move to enter long, with stop below last weeks low and targets being around the 1.47 mark then 1.52 in extension
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