US Dollar refreshed its daily highs at 0.9900 handle against the CHF, breaking out of daily trading range.
PM May's reiteration to negotiate for a better deal with EU after defeat in parliament vote helped improving risk sentiment that made it hard for the safe haven assets to find demand. However, European equities are struggling on the day as there is still uncertainty about the final outcome of Brexit.
On the other hand, US Dollar is advancing at back of rise in US treasury yields.
Technical Levels to Consider
Immediate resistance is pegged at 0.9910 ahead of 0.9960 and then 1.000 parity level. On the flip side, immediate support lies at 0.9870 ahead of 0.9800 and then 0.9765.
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