- The Danish Krone rallied to a 1-week peak, hovering away from multi-week lows hit last week.
- USD/DKK is currently trading 0.2 percent down at 6.7037, having hit low of 6.6990 earlier, its lowest since Jan. 8.
- The pair broke below major support at 200-DMA, recording a fresh 1-week trough.
- Momentum indicators are bearish - RSI weak at 46.11 and Stochs indicate a bearish crossover.
- Immediate resistance is located at 6.7283 (55-EMA), close above could take it till 6.7370.
- On the downside, support is seen at 6.6955, and any break below will take it till 6.6909 / 6.6875.
Recommendation: Good to sell on rallies around 6.7131, with stop loss of 6.7243 and target price of 6.7370.


Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR erases early gains ,looking vulnerable
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD edges lower but bias is bullish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
FxWirePro: EUR/ NZD consolidating around 1.9855, room for further gains
EURJPY Bearish Dent Intact: Sell the Relief Rally Toward 183/182 Support
FxWirePro: AUD/USD holds narrow range, focus on near-term support
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
FxWirePro: USD/CAD bulls continue to hold the higher ground
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50
FxWirePro: AUD/USD firms slightly, but downward resumption looks likely 



