{"id":158644,"date":"2023-09-19T17:37:28","date_gmt":"2023-09-19T12:07:28","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=158644"},"modified":"2023-09-19T17:37:28","modified_gmt":"2023-09-19T12:07:28","slug":"losses-through-the-upper-1-34-area-point-to-more-weakness-in-the-near-term-scotiabank-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/losses-through-the-upper-1-34-area-point-to-more-weakness-in-the-near-term-scotiabank-crypto-news\/","title":{"rendered":"Losses through the upper 1.34 area point to more weakness in the near-term \u2013 Scotiabank &#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><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/usdcad\">USD\/CAD<\/a> pushed support in the upper 1.34 area. Economists at Scotiabank analyze the pair\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">outlook<\/a>.<\/p>\n<h2 class=\"fxs_headline_medium\">USD\/CAD should run lower to test 1.3393<\/h2>\n<blockquote>\n<p>Losses through firm USD support in the upper 1.34 area point to more weakness in the near-term at least.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>Short-term trend momentum is picking up more obviously, with the intraday and daily DMIs aligned bearishly for the USD.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>USD\/CAD should run lower to test 1.3393 (50% retracement of the July\/September move up) which coincides with the early July spike high. A break below here puts the low 1.32s on the radar.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>USD resistance is 1.3490\/1.3495.<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: USD\/CAD pushed support in the upper 1.34 area. Economists at Scotiabank analyze the pair\u2019s outlook. USD\/CAD should run lower to test 1.3393 Losses through firm USD support in the upper 1.34 area point to more weakness in the near-term at least.\u00a0 Short-term trend momentum is picking up more obviously, with the intraday and daily [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":24144,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,255,250,252,247,253,249,498,256,254],"class_list":["post-158644","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-usdcad","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/158644","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=158644"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/158644\/revisions"}],"predecessor-version":[{"id":158645,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/158644\/revisions\/158645"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/24144"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=158644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=158644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=158644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}