{"id":199708,"date":"2023-11-24T10:21:16","date_gmt":"2023-11-24T04:51:16","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=199708"},"modified":"2023-11-24T10:21:16","modified_gmt":"2023-11-24T04:51:16","slug":"moves-below-1-0900-next-support-at-nine-day-ema-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/moves-below-1-0900-next-support-at-nine-day-ema-crypto-news\/","title":{"rendered":"Moves below 1.0900, next support at nine-day EMA &#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<ul>\n<li><strong>EUR\/USD loses ground as US Dollar attempts to rebound.<\/strong><\/li>\n<li><strong>Technical indicators suggest revisiting the major level at 1.0950 near the three-month high.<\/strong><\/li>\n<li><strong>The nine-day EMA at 1.0867 could act as the key support followed by the major level at 1.0850.<\/strong><\/li>\n<\/ul>\n<p>EUR\/USD retraces the recent gains, trading below the psychological barrier at the 1.0900 level during the Asian session on Friday. The weakening of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/eurusd\">the Euro<\/a> could be attributed to the improved <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/us-dollar-index\">US Dollar<\/a> (USD). The Greenback recovers on the back of improved US Treasury yields.<\/p>\n<p>The nine-day Exponential Moving Average (EMA) at 1.0867 appears to be the key support level aligned with the next major level at 1.0850. and the 23.6% <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/technical-analysis\/support-resistance\/fibonacci\">Fibonacci<\/a> retracement at 1.0842. A decisive break below the support region could push the EUR\/USD pair to navigate the psychological level at 1.0800.<\/p>\n<p>The technical indicators for the EUR\/USD pair support the current upward trend. The 14-day Relative Strength Index (RSI) above 50 indicates bullish sentiment, indicating that the pair could revisit the major level at 1.0950, nearing the three-month high at 1.0965 level. A breakthrough above the latter could support the bulls of the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/eurusd?\">EUR\/USD<\/a> pair to navigate the resistance area around the 1.1000 psychological level.<\/p>\n<p>Furthermore, the Moving Average Convergence Divergence (MACD) line is above the centerline and the signal line, indicating a bullish momentum in the pair.<\/p>\n<h3 class=\"fxs_headline_medium\"><strong>EUR\/USD: Daily Chart<\/strong><\/h3>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/image-638363970741304515.png\"><\/a><\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: EUR\/USD loses ground as US Dollar attempts to rebound. Technical indicators suggest revisiting the major level at 1.0950 near the three-month high. The nine-day EMA at 1.0867 could act as the key support followed by the major level at 1.0850. EUR\/USD retraces the recent gains, trading below the psychological barrier at the 1.0900 level [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8153,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,433,255,250,277,252,247,253,249,308,256,254],"class_list":["post-199708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-eurusd","tag-gta","tag-looks-rare","tag-majors","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-technical-analysis","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/199708","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=199708"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/199708\/revisions"}],"predecessor-version":[{"id":199709,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/199708\/revisions\/199709"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/8153"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=199708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=199708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=199708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}