We are analyzing the USDCHF pair and the activity of high-frequency trading algorithms here, and note that the light HFT selling pressure zone that is located today at 0.8994 and above could soon be reached.
The light HFT selling pressure zone should be an area that will attract more sellers, possibly inspiring a reversal of the recent uptrend on short-term USDCHF timeframes. Such a scenario may offer good opportunities from the short side.
Short-sellers will take note of the light HFT buying pressure zone that is located today at 0.8946 and below on USDCHF.
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