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FxWirePro: USD/DKK halts 2-day losing streak, minor support at 21-EMA

The Danish Krone edged down after rising for two straight sessions amid broad-based greenback strength and downbeat economic data. Denmark's consumer prices were flat from a year earlier in April, after a 0.4 percent ris…

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FxWirePro: USD/DKK halts 2-day losing streak, minor support at 21-EMA
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  • The Danish Krone edged down after rising for two straight sessions amid broad-based greenback strength and downbeat economic data. 
     
  • Denmark's consumer prices were flat from a year earlier in April, after a 0.4 percent rise in the previous month.
     
  • USD/DKK is trading 0.2 percent up at 6.8980, having hit high of 6.9291 on Thursday, its highest since Apr. 24.
     
  • Minor support seen at 21-EMA.
     
  • Immediate resistance is located at  6.9099, close above could take it till 6.9345. 
     
  • On the downside, support is seen at 6.8629 (21-EMA), and any break below will take it till 6.8492.

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