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Expectations for the US Dollar against another Scandinavian currency are similarly bullish. Even though the Danish Krone is getting stronger at the moment, this upside correction will likely become a short-lived one. Indeed, the one-hour technical indicators are giving the signals to sell USD/DKK, while in the future they tend to turn more bullish on the matter. Here, a recovery may start even earlier and even before the lower edge of the channel is reached. This is because the boundary is safeguarded by the 100-hour SMA from the north, namely at the 6.6021 level. A new uptrend may potentially prolong as high as 6.67, the location where the pattern's upper trend-line is resting at the moment.
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