Canadian dollar weekly technical analysis

The Canadian dollar, as we mentioned last week, fell from the aforementioned selling liquidity resistance area.
Now we expect to rise from the purchasing liquidity support area at 1.2745 levels, to target the selling liquidity resistance area at 1.2912 levels, from which it is expected to form the top of the week.
But in the event that a four-hour candle closes below the 1.2713 level, we expect the decline to continue and target the purchasing liquidity support area at 1.2558 levels, from which the bottom of the week is expected.

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