• The Danish Krone consolidated within narrow ranges as investors turned cautious amid fragile equities and falling crude price
   
• The Danish is currency is likely to remain on the downside, weighed down by weak consumer confidence index figures. 
   
• Denmark's consumer confidence index declined sharply to -11.9 in April from 0.4 in the previous month, its lowest reading since December 2008, due to a deterioration in expectations regarding households' financial situation and general economic situation. 
   
• USD/DKK is trading flat at 6.8685, having hit high of 6.8998 on Friday, its highest since Apr. 7.
   
• 21-EMA continues to act as major support. Minor resistance is seen at 6.9000 level. 
   
• Immediate resistance is located at  6.8851, close above could take it till 6.9009. 
   
• On the downside, support is seen at 6.8409 (21-DMA), and any break below will take it till 6.8305.