The Danish Kroner.

Good morning Traders,

Todays chart does not seem to want to load into the blog and so just an explanation will have to be given.

It is of the USDDKK and can today be seen to be breaking current resistance whilst in a good uptrend.

This therefore looks like a continuation could be about to take place and having used the appropriate entry technique price is currently below that entry point as resistance of late March is still trying to hold.

The target price is below the other resistance on the chart ( former highs ) and so confluences are in our favour for taking this long trade but as always please ensure to do your own analysis before trading.

Good luck.

Clayton Farnworth