{"id":140678,"date":"2023-09-01T23:10:09","date_gmt":"2023-09-01T17:40:09","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=140678"},"modified":"2023-09-01T23:10:09","modified_gmt":"2023-09-01T17:40:09","slug":"break-above-17-42-essential-to-affirm-an-extended-bounce-socgen-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/break-above-17-42-essential-to-affirm-an-extended-bounce-socgen-crypto-news\/","title":{"rendered":"Break above 17.42 essential to affirm an extended bounce \u2013 SocGen &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>USD\/MXN rebound has faltered near recent pivot high of 17.42. Economists at Soci\u00e9t\u00e9 G\u00e9n\u00e9rale analyze the pair\u2019s technical <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">outlook<\/a>.<\/p>\n<h2 class=\"fxs_headline_medium\">A pullback can be expected towards 16.80 in the short-term<\/h2>\n<blockquote>\n<p>Daily MACD is struggling to maintain above its trigger denoting lack of steady upward momentum.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>A break above 17.42 is essential to affirm an extended bounce.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>Short-term, a pullback can be expected towards 16.80, the 76.4% retracement of recent bounce. If the pair fails to defend this, one more down leg can\u2019t be ruled out.<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: USD\/MXN rebound has faltered near recent pivot high of 17.42. Economists at Soci\u00e9t\u00e9 G\u00e9n\u00e9rale analyze the pair\u2019s technical outlook. A pullback can be expected towards 16.80 in the short-term Daily MACD is struggling to maintain above its trigger denoting lack of steady upward momentum.\u00a0 A break above 17.42 is essential to affirm an extended [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":112495,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,255,250,252,247,253,249,871,256,254],"class_list":["post-140678","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-usdmxn","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/140678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=140678"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/140678\/revisions"}],"predecessor-version":[{"id":140679,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/140678\/revisions\/140679"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/112495"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=140678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=140678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=140678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}