FxWirePro: USD/DKK halts 3-day wining streak, dip till 6.300 likely
The Danish Krone retreated from an over 1-week trough hit earlier in the session as the greenback declined across the board. The dollar index eased after a top U.S. Senate official said negotiations in Congress on an add…
The Danish Krone retreated from an over 1-week trough hit earlier in the session as the greenback declined across the board.
The dollar index eased after a top U.S. Senate official said negotiations in Congress on an additional stimulus package for the virus pandemic have not progressed.
USD/DKK is trading 0.3 percent lower at 6.3262, having hit high of 6.3596 earlier, its highest since August 3.
Immediate resistance is located at 6.3670, close above could take it till 6.3851 (21-EMA).
On the downside, support is seen at 6.3040 and any break below will take it till 6.2802.
