• The Danish Krone surged, extending gains for the fourth straight session as Denmark relaxed position on European Union recovery plan.
   
• Denmark has eased its position on the EU's economic recovery plan after the pandemic ahead of EU leaders meeting to be held online next week.
   
• Denmark along with Austria, Sweden and the Netherlands had opposed grants as opposed to loans under the recovery fund, and also insisted on a 7-year EU budget not exceeding 1.0 percent of the blocs gross national income.
   
• USD/DKK is trading 0.1 percent down at 6.5455 having hit low of 6.5266 the day before, its lowest since March 10.
   
• On Wednesday, the pair fell to 3-month low but retraced to close at 6.5458
   
• Immediate resistance is located at  6.6080 (7-EMA), close above could take it till 6.6356 (10-DMA). 
   
• On the downside, support is seen at 6.5225 and any break below will take it till 6.5159.