| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Buy | Buy | Sell |
| SAR (0.02; 0.2) | Sell | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇘ |
Upside risks have driven the USD/DKK exchange rate for the past two weeks. This steep momentum started when the Greenback reversed from the bottom boundary of a medium-term channel slightly above the 6.00 mark. At the time, the pair accelerated and consequently breached the prevailing senior channel valid since December, 2016.
Being supported by the 55– and 100-hour SMAs, the US Dollar was trading near the upper channel line during the first part of today. It is expected that this channel boundary, the nearby-located 50.00% Fibonacci retracement and the weekly R1 mark a reversal point for the pair that could push it back to the breached senior pattern and the 23.60% Fibo near 6.04.
Even if the US Dollar continues to push higher today and tomorrow, the weekly R2 and the 61.80% Fibo at 6.25 should not be surpassed.