EUR/CHF finds a bid at HFT buying zone
|We are analyzing the activity of high-frequency trading algorithms in the Fx market today and note that buying opportunities may exist in the EURCHF pair.
Earlier today, the EURCHF already reached the light HFT buying pressure zone that is noted at 1.0789 and below. The price reacted well there, and EURCHF has started to climb after that.
The light HFT selling pressure zone stands at 1.0819 and above today, and is a potential target for EURCHF bulls.
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