AI Trader+

Daily HFT Trade Setup – USDCHF Testing the HFT Buying Zone

Daily HFT Trade Setup – USDCHF Testing the HFT Buying Zone

Today's analysis of the activity of high frequency trading algorithms shows us that the USDCHF pair could be a potential buy trade in the current session.

USDCHF now reached the light HFT buying pressure zone that is located today at 0.9197 and below. The price is already reacting, and there is a small bounce on the hourly candle.

Some USDCHF bulls may look for a stronger bullish sign before they jump on board with buy orders. 

The light HFT selling pressure zone today is located at 0.9255 and above. 

Don't Miss: Stay On Top Of The Game By Reading Our Weekly Forex Forecast Of EUR/USD, GBP/USD, USD/JPY (Fundamentals + Technicals)

AI Trader+