FxWirePro: USD/DKK steadies near 6.6000, intraday bias bullish
Tuesday, June 16, 2020 12:56 PM UTC
- The Danish Krone eased, reversing some of its previous session losses as the dollar rallied across the board.
- The greenback surged after the U.S. Federal Reserve widened its program of buying corporate debt to combat the financial toll of the pandemic.
- USD/DKK is trading 0.2 percent up at 6.5974 having hit high of 6.6492 on Friday, its highest since June 4.
- Immediate resistance is located at 6.6169, close above could take it till 6.6410.
- On the downside, support is seen at 6.5495 and any break below will take it till 6.5260.