Daily HFT Trade Setup – EURCHF Between HFT Buy & Sell Zones This Morning
The analysis of HFT algorithms this Friday morning shows that the EURCHF is trading in a more compressed range since yesterday.
Namely, the pair seems to be bound by the 1.1100 and 1.1050 round number levels.
In addition, EURCHF is also trading between the two nearest HFT zones for today's session:
- the light HFT selling pressure zone standing today at 1.1099 and above
- the light HFT buying pressure zone that is located now at 1.1051 and below.
Fx traders may look for reversal trading opportunities at the HFT zones if EURCHF reaches one of them today.
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