Canadian dollar weekly technical analysis

The Canadian dollar is moving in a bearish direction, we expect the start of the rise from the support area at 1.2559 levels, to target the resistance area at 1.2645 levels, and from the resistance area, we expect the top of the week to form, then to decline and target the support area again at 1.2559 levels, from which it is expected that the bottom of the week will form.

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