Canadian dollar weekly technical analysis

The Canadian dollar is moving in a bearish wave, expected to continue the decline from the resistance area at 1.2746 levels, to target the support area at 1.2641 levels.
But in the event that the four-hour candle closes above the level of 1.2746, we expect the continuation of the rise and targeting the second resistance area at 1.2880 levels, from which it is expected that the top of the week will be formed.