FxWirePro: USD/DKK drifts closer to 4-month trough, dip till 6.6878 likely

• The Danish Krone rose, drifting closer to a 4-month peak recorded last week.
   
• USD/DKK is currently trading 0.05 percent down at 6.7038, having hit low of 6.6724 on Friday, its lowest since August 14.
   
• The pair continues to slide, major support seen at 200-DMA.
   
• Momentum indicators are bearish - RSI weak at 37.08, Stochs are biased lower and MACD supports downside.
   
• Immediate resistance is located at  6.7183 (5-DMA), close above could take it till 6.7243 (7-EMA). 
   
• On the downside, support is seen at 6.6950 (200-DMA), and any break below will take it till 6.6878.  

Recommendation: Good to sell on rallies around 6.7060, with stop loss of 6.7183 and target price of 6.6878.