• The Danish Krone declined, hovering towards a 1-week low hit in the prior session, following the release of downbeat consumer confidence figures. 
   
• The Danish consumer confidence index declined to -5.5 in August from -2.9 in July, recording its weakest reading since May, due to a deterioration in expectations regarding the general economic situation and big purchases climate became more negative. 
   
• Moreover, a rebound in the U.S. dollar weakened the bid tone around the Danish currency. 
   
• USD/DKK is trading 0.4 percent up at 6.3023, having hit high of 6.3083 the day before, its highest since August 14.
   
• On Thursday, the pair rose as high as 6.2939 but found strong resistance at 21-DMA, turning lower to close at 6.2774.
   
• Immediate resistance is located at  6.3143 (21-DMA), close above could take it till 6.3350 (21-EMA). 
   
• On the downside, support is seen at 6.2521 and any break below will take it till 6.2404.