- The Danish Krone surged, extending previous session gains following the release of upbeat inflation figures.
- Denmark's annual inflation rate rose to 0.7 percent in November from 0.6 percent in the previous month, matching market consensus and recording its highest reading since May.
- USD/DKK is currently trading 0.1 percent down at 6.7485, having hit high of 6.7683 on Friday, its highest since December 2.
- Momentum indicators are bearish - RSI weak at 47.22, MACD supports downside and Stochs indicate a bearish crossover.
- Immediate resistance is located at 6.7577 (21-EMA), close above could take it till 6.7607 (10-DMA).
- On the downside, support is seen at 6.7451 (5-DMA), and any break below will take it till 6.7398.
Recommendation: Good to sell on rallies around 6.7528, with stop loss of 6.7577 and target price of 6.7398.


FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level 



