FxWirePro: USD/DKK hovers towards 1-week peak, major resistance at 21-EMA
The Danish Krone eased, extending previous session losses as the dollar steadied across the board. The greenback surged after data showed U.S. retail sales rose by a record 17.7 percent in May, recovering more than half …
The Danish Krone eased, extending previous session losses as the dollar steadied across the board.
The greenback surged after data showed U.S. retail sales rose by a record 17.7 percent in May, recovering more than half the losses of the previous two months.
USD/DKK is trading 0.3 percent up at 6.6392, having hit high of 6.6492 on Friday, its highest since June 4.
Immediate resistance is located at 6.6492, close above could take it till 6.6739 (21-EMA).
On the downside, support is seen at 6.5917 (10-DMA) and any break below will take it till 6.5746.
