- The Danish Krone rose after falling for a 1-week low in the previous session.
- USD/DKK is currently trading 0.3 percent down at 6.6753, having hit low of 6.6475 on Wednesday, its lowest since August 13.
- Momentum indicators are bearish - RSI weak at 38.58, Stochs are biased lower and MACD supports downside.
- Immediate resistance is located at 6.7072 (10-DMA), close above could take it till 6.7177 (21-DMA).
- On the downside, support is seen at 6.6724, and any break below will take it till 6.6640.
Recommendation: Good to sell on rallies around 6.6940, with stop loss of 6.7020 and target price of 6.6724.
