{"id":164501,"date":"2023-09-28T17:43:19","date_gmt":"2023-09-28T12:13:19","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=164501"},"modified":"2023-09-28T17:43:19","modified_gmt":"2023-09-28T12:13:19","slug":"upside-may-be-limited-to-the-1-0550-1-0600-area-scotiabank-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/upside-may-be-limited-to-the-1-0550-1-0600-area-scotiabank-crypto-news\/","title":{"rendered":"Upside may be limited to the 1.0550\/1.0600 area \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>EUR\/USD has tested sub-1.05 levels twice in the past few hours. 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\">Headwinds remain<\/h2>\n<blockquote>\n<p>A minor low\/reversal may have been reached in the short run after the EUR tested the upper 1.04 area twice since Wednesday. A minor double bottom is in play but upside may be limited to the 1.0550\/1.0600 area.<\/p>\n<\/blockquote>\n<blockquote>\n<p>The Euro does appear to be deeply oversold in the short run at least but the pair will need to regain 1.06+ to suggest a more sustained rebound is unfolding.<\/p>\n<\/blockquote>\n<blockquote>\n<p>Support is 1.0475\/1.0480.<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: EUR\/USD has tested sub-1.05 levels twice in the past few hours. Economists at Scotiabank analyze the pair\u2019s outlook. Headwinds remain A minor low\/reversal may have been reached in the short run after the EUR tested the upper 1.04 area twice since Wednesday. A minor double bottom is in play but upside may be limited [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":5258,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,433,255,250,252,247,253,249,256,254],"class_list":["post-164501","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-eurusd","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/164501","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=164501"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/164501\/revisions"}],"predecessor-version":[{"id":164502,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/164501\/revisions\/164502"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/5258"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=164501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=164501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=164501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}