Daily HFT Trade Setup – USDCHF Coming Near to HFT Buy Zone
We are analyzing Forex HFT algorithms this morning and note that the USDCHF pair could provide bullish trade setups in the day-trading session ahead.
Namely, USDCHF is down so far on the day and is trading at levels near the light HFT buying pressure zone that is located at 0.9293 and below.
USDCHF bulls will look for a potential bounce here, accompanied by a strong bullish signal that could trigger an entry. Of course, for the moment, neither the setup or the bullish signal has occured.
To the upside, the light HFT selling pressure zone is noted today at 0.9361 and above.