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Add as a preferred source on Google FxWirePro: USD/DKK consolidates near 4-month peak, investors eye next catalyst The Danish Krone held firm near a 4-month trough hit earlier in the session as investors digested inflation figures. USD/DKK is trading flat at 6.8465, having hit high of 6.8519 earlier, its highest since Oct. 2. Momentu…
By FxWirePro Team Feb 11, 2020, 12:21 PM UTC
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The Danish Krone held firm near a 4-month trough hit earlier in the session as investors digested inflation figures.
USD/DKK is trading flat at 6.8465, having hit high of 6.8519 earlier, its highest since Oct. 2.
Momentum indicators are bullish - RSI strong at 70.17, MACD supports upside and Stochs are biased higher.
Immediate resistance is located at 6.8540, close above could take it till 6.8592.
On the downside, support is seen at 6.8376, and any break below will take it till 6.8338
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