USD/CAD Struggling In HFT Sell Zone!
|We are analyzing the activity of HFT algorithms in the Fx market today and note that the USDCAD currency pair may be near to reaching a top for the day.
USDCAD has now reached the light HFT selling pressure zone, which is noted at 1.3248 and above for the current day-trading session. The bullish attempt got stopped here, and the price is struggling to advance higher.
A possible reversal could materialize here today and send USDCAD lower. The light HFT buying pressure zone today is noted at 1.3202 and below.
Interested in USD/CAD technicals? Check out the key levels
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