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FxWirePro: USD/DKK extends decline, dip till 6.3063 likely 

  • The Danish Krone surged, extending previous session gains as the greenback declined against a basket of currencies.
     
  • The dollar index plunged amid growing expectations of a new U.S. stimulus package before Election Day.
     
  • The greenback against a basket of currencies traded 0.3 percent down at 93.39, having touched a high of 93.90 on Thursday, its highest since October 8.
     
  • USD/DKK is trading 0.4 percent lower at 6.3284, having hit high of 6.3675 on Thursday, its highest since September 30.
     
  • Immediate resistance is located at 6.3723, close above could take it till 6.3873. 
     
  • On the downside, support is seen at 6.3063 and any break below will take it till 6.2913. 
  • Market Data
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