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FxWirePro: USD/DKK steadies above 21-EMA, intraday bias bullish

  • The Danish Krone declined, reversing most of its previous session gains as the greenback extended rally
     
  • The dollar rose as concern about global tensions with China overshadowed improving sentiment from easing coronavirus lockdowns.
     
  • USD/DKK is trading 0.2 percent up at 6.8997, having hit low of 6.8423 on Wednesday, its lowest since May 5.
     
  • Immediate resistance is located at  6.9149, close above could take it till 6.9206. 
     
  • On the downside, support is seen at 6.8737 (21-EMA), and any break below will take it till 6.8588.
  • Market Data
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