{"id":217863,"date":"2023-12-23T12:37:36","date_gmt":"2023-12-23T07:07:36","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=217863"},"modified":"2023-12-23T12:37:36","modified_gmt":"2023-12-23T07:07:36","slug":"there-is-no-major-support-ahead-of-a-return-to-1-3093-scotiabank-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/there-is-no-major-support-ahead-of-a-return-to-1-3093-scotiabank-crypto-news\/","title":{"rendered":"There is no major support ahead of a return to 1.3093 \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>The Canadian Dollar has had a solid week. Economists at Scotiabank analyze <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/usdcad\">USD\/CAD<\/a> outlook.<\/p>\n<h2 class=\"fxs_headline_medium\">Short-term resistance is 1.3315\/1.3320<\/h2>\n<blockquote>\n<p>Minor new lows for USD\/CAD keep the short and longer run technical outlook bearish.<\/p>\n<\/blockquote>\n<blockquote>\n<p>Spot is heading for a close below weekly trend support at 1.3335, below the 76.4% Fibonacci support of the July \u2013 November decline at 1.3283 and might be able to close out the week below the 100-week MA (a decent bellwether for the broader trend) at 1.3281 for the first time since last June.<\/p>\n<\/blockquote>\n<blockquote>\n<p>There is no major support for the USD (aside from some congestion in the 1.3140\/1.3170 area) ahead of a return to 1.3093.<\/p>\n<\/blockquote>\n<blockquote>\n<p>Short-term resistance is 1.3315\/1.3320 and 1.3360\/1.3370.<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: The Canadian Dollar has had a solid week. Economists at Scotiabank analyze USD\/CAD outlook. Short-term resistance is 1.3315\/1.3320 Minor new lows for USD\/CAD keep the short and longer run technical outlook bearish. Spot is heading for a close below weekly trend support at 1.3335, below the 76.4% Fibonacci support of the July \u2013 November [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6917,"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-217863","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\/217863","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=217863"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/217863\/revisions"}],"predecessor-version":[{"id":217864,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/217863\/revisions\/217864"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/6917"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=217863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=217863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=217863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}