Daily HFT Trade Setup – USDCHF Reverses at HFT Sell Zone

 
 
 
 
 
 
 

We are analyzing high frequency trading algorithms in the Fx market and note that the USDCHF pair has reversed after it touched the light HFT selling pressure zone, located at 0.937 and above.

The rejection of the bull's attempt took USDCHF below the 0.9350 level, which could potentially invite more selling.

To the downisde, the light HFT buying pressure zone is located at 0.9315 and below. 

USDCHF HFT trade analysis