INDICATORS: Parabolic Sar, Money Flow Index, Linear Regression Slope
RESISTANCE LEVELS: 1.56829
SUPPORT LEVELS : 1.36992
PAIR ANALYSIS :
The EUR/CAD pair is in a slightly bearish behavior after the retracement the resistance zone as indicated in fig 2.
The Linear Regression Slope at 0.003, the MFI and the configuration of the Parabolic Sar seem to support the bearish tendency.
The chart analysis also seems to suggest the possibility of a secondary bullish and bearish retracem…