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High frequency trading algorithms' activity today shows that the EURCHF pair may be a potential buying opportunity.
Earlier, EURCHF entered the light HFT buying pressure zone that is found at 1.0857 and below. The price reacted there, and the advanced FxTR Divergence indicator is showing that bullish divergence is present on the hourly timeframe (see blue signal on chart)
That said, some traders may want further confirmation before being confident in taking a trade.
To the upside,the light HFT selling pressure zone is located at 1.0918 and above.
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