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FxWirePro: USD/DKK off 2-week peak, faces support at 21-EMA

The Danish Krone edged up, extending previous session's rebound as the greenback weakened across the board. On Thursday, the pair rose to a near 2-week peak but retraced to close 0.3 percent lower at 6.8870. USD/DKK is t…

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FxWirePro: USD/DKK off 2-week peak, faces support at 21-EMA
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  • The Danish Krone edged up, extending previous session's rebound as the greenback weakened across the board. 
     
  • On Thursday, the pair rose to a near 2-week peak but retraced to close 0.3 percent lower at 6.8870.
     
  • USD/DKK is trading up at 6.8865, having hit high of 6.9291 the day before, its highest since Apr. 24.
     
  • Minor support seen at 21-EMA.
     
  • Immediate resistance is located at  6.9291, close above could take it till 6.9345. 
     
  • On the downside, support is seen at 6.8611 (21-EMA), and any break below will take it till 6.8492.

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