The Canadian dollar weakened against most major currencies in the Asian session on Wednesday.

The Canadian dollar fell to nearly a 3-week low of 1.5725 against the euro, from yesterday's closing value of 1.5657.

Against the U.S. dollar and the yen, the loonie dropped to 1.3913 and 82.17 from yesterday's closing quotes of 1.3865 and 82.99, respectively.

If the loonie extends its downtrend, it is likely to find support around 1.61 against the euro, 1.43 against the greenback and 79.00 against the yen.

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