FxWirePro: USD/DKK hovers towards 1-week peak, major resistance at 21-EMA
Wednesday, June 17, 2020 9:56 AM UTC
- The Danish Krone eased, extending previous session losses as the dollar steadied across the board.
- The greenback surged after data showed U.S. retail sales rose by a record 17.7 percent in May, recovering more than half the losses of the previous two months.
- USD/DKK is trading 0.3 percent up at 6.6392, having hit high of 6.6492 on Friday, its highest since June 4.
- Immediate resistance is located at 6.6492, close above could take it till 6.6739 (21-EMA).
- On the downside, support is seen at 6.5917 (10-DMA) and any break below will take it till 6.5746.