- The Danish Krone declined to an over 3-year trough earlier in the session, weighed down by downbeat consumer confidence and rising greenback.
- Denmarks's consumer confidence index dropped to 0.4 in March from 3.3 in February, its weakest reading since December 2016, due to deterioration in expectations regarding general economic situation and expectations on major purchases.
- USD/DKK is trading 0.2 percent up at 6.9964, having hit high of 7.0236 earlier, its highest since April 2017.
- Momentum indicators are bullish - RSI strong at 67, MACD supports upside and Stochs are at overbought levels.
- Immediate resistance is located at 7.0351, close above could take it till 7.0533.
- On the downside, support is seen at 6.9297, and any break below will take it till 6.8990.
Recommendation: Good to buy on dips around 6.9880, with stop loss of 6.9643 and target price of 7.0351.


FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: AUD/USD downside pressure builds, key support level in focus
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level 



