- The Danish Krone surged to an over 1-month peak as the greenback weakened against a basket of currencies.
- USD/DKK is currently trading 0.2 percent down at 6.7346, having hit low of 6.7331 earlier, its lowest since September 13.
- On Wednesday, the pair breached major support 55-EMA, to close lower at 6.7480.
- 55-EMA is now acting as minor resistance.
- Momentum indicators are bearish - RSI weak at 39.05, MACD supports downside and Stochs are at oversold levels.
- Immediate resistance is located at 6.7689 (5-DMA), close above could take it till 6.7760 (7-EMA).
- On the downside, support is seen at 6.7302, and any break below will take it till 6.7181.
Recommendation: Good to sell on rallies around 6.7424, with stop loss of 6.7570 and target price of 6.7302.


FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus 



