FxWirePro: USD/DKK off near 3-week peak, major support at 200-DMA

• The Danish Krone rose to a 5-day peak, after tumbling to a near 3-week trough in the previous session on downbeat industrial production data.
   
• USD/DKK is currently trading 0.05 percent up at 6.7222, having hit high of 6.7417 on Friday, its highest since Dec. 24.
   
• Momentum indicators are bullish - RSI strong at 51.11, Stochs indicate a bullish crossover and MACD supports upside.
   
• Immediate resistance is located at  6.7307, close above could take it till 6.7415. 
   
• On the downside, support is seen at 6.7097 (21-DMA), and any break below will take it till 6.7034 (200-DMA).  

Recommendation: Good to buy on dips around 6.7200, with stop loss of 6.7097 and target price of 6.7370.