FxWirePro: USD/DKK off 2-week low, finds support at 21-DMA
The Danish Krone rose, retreating from a 2-week low as the greenback eased against a basket of currencies. The dollar eased but headed for its best week of the month, amid surging coronavirus cases and stalled progress t…
The Danish Krone rose, retreating from a 2-week low as the greenback eased against a basket of currencies.
The dollar eased but headed for its best week of the month, amid surging coronavirus cases and stalled progress toward U.S. stimulus.
The greenback against a basket of currencies traded 0.05 percent down at 93.73, having touched a high of 93.90 on Thursday, its highest since October 8.
USD/DKK is trading 0.05 percent lower at 6.3550, having hit high of 6.3675 on Thursday, its highest since September 30.
Immediate resistance is located at 6.3830, close above could take it till 6.4021.
On the downside, support is seen at 6.3383 (21-DMA) and any break below will take it till 6.3303 (21-EMA).
