{"id":141197,"date":"2023-09-01T22:04:03","date_gmt":"2023-09-01T16:34:03","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=141197"},"modified":"2023-09-01T22:04:03","modified_gmt":"2023-09-01T16:34:03","slug":"short-term-pullback-towards-18-35-on-the-cards-socgen-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/short-term-pullback-towards-18-35-on-the-cards-socgen-crypto-news\/","title":{"rendered":"Short-term pullback towards 18.35 on the cards \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>The Rand is down over 9% YTD. Economists at Soci\u00e9t\u00e9 G\u00e9n\u00e9rale analyze USD\/ZAR\u00a0 technical <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">outlook<\/a>.\u00a0<\/p>\n<h2 class=\"fxs_headline_medium\">Break above 19.35 essential to affirm next leg of uptrend<\/h2>\n<blockquote>\n<p>USD\/ZAR approached projections at 17.40\/17.35 last month and quickly reclaimed the 200-DMA resulting in a swift bounce. The move has petered out near interim hurdle of 19.35 representing the 76.4% retracement from June.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>A short-term pullback can\u2019t be ruled out towards 18.35 and the MA near 18.10. This could be an important support.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>A break above 19.35 would be essential to affirm next leg of uptrend.<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: The Rand is down over 9% YTD. Economists at Soci\u00e9t\u00e9 G\u00e9n\u00e9rale analyze USD\/ZAR\u00a0 technical outlook.\u00a0 Break above 19.35 essential to affirm next leg of uptrend USD\/ZAR approached projections at 17.40\/17.35 last month and quickly reclaimed the 200-DMA resulting in a swift bounce. The move has petered out near interim hurdle of 19.35 representing the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":72142,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,255,250,252,247,253,249,5241,256,254],"class_list":["post-141197","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-usdzar","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/141197","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=141197"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/141197\/revisions"}],"predecessor-version":[{"id":141198,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/141197\/revisions\/141198"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/72142"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=141197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=141197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=141197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}