Today's analysis of high-frequency trading algorithms' activity in the Fx market indicates that the EURCHF pair may reach levels that can offer attractive opportunities from the short side.
For today's EURCHF day-trading session, the light HFT selling pressure zone is located at 1.0788 and above. Fx traders will be looking for reversal sell signals here as sellers will be attracted to this area.
To the downside, the light HFT buying pressure zone is noted today between 1.075 and 1.0713.
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