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Add as a preferred source on Google FxWirePro: USD/DKK rebounds from near 3-month low, finds support at 6.6200 The Danish Krone declined, halting an 8-day winning streak as the greenback steadied across the board. The dollar index strengthened, having declined in the last week as global markets grew more optimistic about an econo…
By FxWirePro Team Jun 4, 2020, 8:57 AM UTC
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The Danish Krone declined, halting an 8-day winning streak as the greenback steadied across the board.
The dollar index strengthened, having declined in the last week as global markets grew more optimistic about an economic recovery.
USD/DKK is trading 0.3 percent up at 6.6535 having hit low of 6.6209 the day before, its lowest since March 12.
On Wednesday, the pair fell to a near 3-month low but retraced some losses to close at 6.6357
Immediate resistance is located at 6.6742, close above could take it till 6.6820.
On the downside, support is seen at 6.6302, and any break below will take it till 6.6193.
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