USD/CHF Rejected Twice At HFT Buy Zone!

FX Trading Revolution Team FX Trading Revolution

We are analyzing the USD/CHF currency pair and the activity of HFT algorithms here this morning.

Strong buying activity is seen at the light HFT buying pressure zone, noted at 0.9809 and below. USD/CHF was already rejected twice in this area today as buyers were able to quickly push the price back higher.

USD/CHF is now again near this light HFT buying pressure zone, so another bullish move could start. Traders will be looking for targets toward the light HFT selling pressure zone that is today noted at 0.9877 and above.

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