FxWirePro: USD/DKK consolidates near record high, a dip till 6.8400 likely

• The Danish Krone eased to a fresh record low despite manufacturing activity expanding in September. 
   
• Denmark's manufacturing PMI rose to 50.2 in September from a revised 48.6 in the previous month, boosted by a jump in the new order sub-index. 
   
• USD/DKK retraced from an all-time high of 6.8620 to trade flat at 6.8501. 
   
• Momentum indicators are turning bearish on hourly charts - RSI weak at 52.99, MACD support downside and Stochs are biased lower. 
   
• Immediate resistance is located at  6.8780, close above could take it till 6.9000. 
   
• On the downside, support is seen at 6.8221 (5-DMA), and any break below will take it till 6.7961 (10-DMA).  
  ​

Recommendation: Good to sell on rallies around 6.8520, with stop loss of 6.8605 and target price of 6.8370