A long trade opportunity has recently presented itself on the euro-loonie trading chart, occasioned by the bullish engulfing candlestick pattern just above the 1.33931 horizontal support level.
This shows a rejection of the same support level, with tendency for massive moves to the upside. There's been quite a move already but you can still enter the trade if you can afford a generous stop slightly below the aforementioned support level. Your targets could be anywhere between your entry price to slightly below the 1.38178 horizontal resistance price level.