Daily HFT Trade Setup – USDCHF Testing Levels Into HFT Sell Zone
The analysis of high-frequency trading algorithms today shows that the USDCHF Fx pair has reached the light HFT selling pressure zone that is found at 0.9215 and above.
The HFT sell zone represents a price area where sellers are likely to enter the market, potentially pushing down the bullish attempt and/or reversing the trends here.
Thus, traders will be looking for potential setups from the short side on USDCHF. Yesterday's highs near 0.9215 are also providing local resistance here on the charts.
The light HFT buying pressure zone is noted today at 0.9164 and below.
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