FxWirePro: USD/DKK hovers towards 1-week peak, likely to test 6.9000

• The Danish Krone declined, hovering closer to an over 1-week trough hit in the previous session. 
   
• The pair rose as high as 6.8980 on Thursday, breaking trendline resistance around 6.8745, which is now acting as a support level. 
   
• USD/DKK is trading 0.3 percent up at 6.8690, having hit low of 6.7914 on Wednesday, its lowest since Apr. 1.
   
• Immediate resistance is located at  6.9009, close above could take it till 6.9179. 
   
• On the downside, support is seen at 6.8558 (21-DMA), and any break below will take it till 6.8374 (5-DMA).

Recommendation: Good to buy on dips around 6.8860, with stop loss of 6.8743 and target price of 6.9009.