- The Danish Krone rallied to a 2-1/2 week high following the release of upbeat business confidence data.
- Denmark's manufacturing confidence indicator increased to -4 in February from -9 in the previous month, its highest reading since May 2019.
- USD/DKK is trading 0.6 percent down at 6.8276, having hit low of 6.8248 earlier, its lowest since Feb. 10.
- Momentum indicators are turning bearish - RSI weak at 48, MACD supports downside and Stochs are biased lower.
- Immediate resistance is located at 6.8722, close above could take it till 6.8808 (7-EMA).
- On the downside, support is seen at 6.8194, and any break below will take it till 6.8146.
Recommendation: Good to sell on rallies around 5.8655, with stop loss of 6.8722 and target price of 6.8194.


FxWirePro: GBP/USD falls to two-week low on strong US jobs data
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD softens as risk appetite abates
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50
FxWirePro: USD/JPY on nervous hold around 160.00
FxWirePro: AUD/USD holds narrow range, focus on near-term support
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish
FxWirePro: USD/ZAR bears maintain upper hand 



