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We are analyzing the activity of high-frequency trading algorithms today and find that the EURCHF may offer intraday opportunities from the long side.
Namely, EURCHF reached the light HFT buying pressure zone early in the Asian session and bounced there at the 1.0786 level. EURCHF has been moving up for the most part of the current daily session.
The bulls may aim for the light HFT selling pressure zone today, which is standing at 1.0812 and above.
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