Canadian dollar weekly technical analysis

The Canadian dollar is moving in a bullish pattern. We expect the beginning of the decline from the resistance area at 1.2880 levels, including the expected formation of the week’s top to target the support area at 1.2746 levels, including the expected formation of the bottom of the week.
But in the event that a four-hour candle closes below the 1.2712 level, we expect the decline to continue and target the second support area at 1.2641 levels.