Daily HFT Trade Setup - USDCHF between HFT buy and sell zones today!
|Analysis of the trading activity of HFT algorithms in the Fx market today shows that the USDCHF currency pair is trading in a range between the light HFT selling pressure zone and the light HFT buying pressure zone which are noted at 0.9967 and above, and at 0.9918 and below respectively.
USDCHF will probably remain confined to this range today but reversal patterns at the upper or lower end of the range could provide interesting trading opportunities. Neither the light HFT selling or buying pressure zone have been reached yet, so it will be even better if any bullish or bearish signals appear inside these zones.
Indicators are pretty much flat also with the overall trend on intraday charts being down, as indicated by the FxTR RSI indicator.
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