ForecastCity

There is a possibility of the beginning an uptrend in USDDKK

Lång
OANDA:USDDKK   USA-DOLLAR / DANSK KRONE
Midterm forecast:
While the price is above the support 6.04400, beginning of uptrend is expected.
We make sure when the resistance at 6.09700 breaks.
If the support at 6.04400 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 45.

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