Daily HFT Trade Setup - EURCHF near the HFT buy zone!
|Analysis of the trading activity of HFT algorithms in the Fx market today shows that potential bullish trading opportunities could be provided on the EURCHF currency pair.
EURCHF is currently moving toward the light HFT buying pressure zone that is today noted at 1.1371 and below. Traders should be prepared for any bullish trading opportunities that may be provided inside this area, such as the formation of bullish patterns or bullish signals on some of the indicators.
In addition, the 1.1350 support levels where multiple past lows exist (see chart below) will also provide additional bullish pressures inside of the light HFT buying pressure zone.
Profit targets can be placed today toward the light HFT selling pressure zone that is noted at 1.144 and above.
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