Daily HFT Trade Setup – USDCHF Bullish at HFT Buy Zone
The activity of high frequency trading algorithms in the Fx market today shows that the USDCHF could offer attractive trade setups from the long side during the current day-trading session.
For instance, USDCHF has already reached the light HFT buying pressure zone that is located at 0.9195 and below.
The decline stopped here and the price action is showing some bullish signs here already. The bulls will be looking for an extension higher toward the previous session highs around 0.9236 and toward the light HFT selling pressure zone that is located at 0.9232 and above.