FxWirePro: USD/DKK hovers towards 3-week low, dip till 6.7558 likely

• The Danish Krone surged, hovering towards a 3-week peak hit in the previous session on better-than-expected inflation figures.
   
• USD/DKK is currently trading 0.05 percent down at 6.7824, having hit low of 6.7688 the day before, its lowest since September 20.
   
• Momentum indicators are bearish - RSI weak at 48.62, MACD support downside and Stochs are biased lower. 
   
• Immediate resistance is located at  6.7958 (21-EMA), close above could take it till 6.8148 (10-DMA). 
   
• On the downside, support is seen at 6.7662, and any break below will take it till 6.7558 (55-EMA) / 6.7450.  

Recommendation: Good to sell on rallies around 6.7801, with stop loss of 6.7958 and target price of 6.7558.