USDCAD - Break down

USDCAD - Is currently respecting the weekly Resistance of 1.2500 area.. Also the 78.6 Fibonacci..next targets are the Monthly support @ 1.2250, however if that breaks then the last lower low close to weekly support of 1.2000 will be the next potential target ... Then with our long term projection of -27 Fibonacci @ 1.9000 even monthly @ 1.17500