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- The Danish Krone rose, retreating from a near 2-week low hit in the previous session.
- USD/DKK is currently trading 0.1 percent down at 6.7242, having hit high of 6.6310 on Wednesday, its highest since Dec. 27.
- Momentum indicators are bearish on hourly charts - Stochs are biased lower and MACD supports downside.
- Immediate resistance is located at 6.7378, close above could take it till 6.7447.
- On the downside, support is seen at 6.7157, and any break below will take it till 6.7027 (200-DMA).
Recommendation: Good to sell on rallies around 6.7284, with stop loss of 6.7378, and target price of 6.7027.
