Thursday, October 15, 2026

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FxWirePro: USD/DKK hits 2-week low, major support at 200-DMA

The Danish Krone rallied to a 2-week peak as the greenback extended previous session losses. The dollar slumped after encouraging results from the trial of a vaccine for COVID-19 improved sentiment. USD/DKK is trading 0.…

By FxWirePro Team
1 min read
FxWirePro: USD/DKK hits 2-week low, major support at 200-DMA
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  • The Danish Krone rallied to a 2-week peak as the greenback extended previous session losses.
     
  • The dollar slumped after encouraging results from the trial of a vaccine for COVID-19 improved sentiment. 
     
  • USD/DKK is trading 0.4 percent down at 6.8067, having hit low of 6.8039 earlier, its lowest since May 4.
     
  • Immediate resistance is located at  6.8444 (55-EMA), close above could take it till 6.8698 (21-EMA). 
     
  • On the downside, support is seen at 6.7979, and any break below will take it till 6.7784 (200-DMA). 

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