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FxWirePro: USD/DKK slumps below 6.300, outlook remains bearish 

  • The Danish Krone rose, extending previous session gains as the greenback slumped across the board. 
     
  • The dollar index declined after President Donald Trump accused congressional Democrats of not wanting to negotiate over a U.S. coronavirus aid package. 
     
  • USD/DKK is trading 0.5 percent lower at 6.2861, having hit high of 6.3596 on Wednesday, its highest since August 3.
     
  • Immediate resistance is located at  6.3540, close above could take it till 6.3791 (21-EMA). 
     
  • On the downside, support is seen at 6.2690 and any break below will take it till 6.2510. 
  • Market Data
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