USD/JPY: Light HFT Buying Pressure At 110.68
FX Trading Revolution | Apr 27, 2017 06:13AM ET
Currency pair USD/JPY reached yesterday the light HFT selling pressure zone that was noted at 111.64 and above. All bullish attempts were stopped every time USD/JPY reached the light HFT selling pressure zone. Very accurate reaction and almost 80 pips bearish move followed. The reaction provided very interesting trade opportunities.
Today on USD/JPY: Light HFT selling pressure noted at 111.58 and above. Medium HFT selling pressure noted at 112.48 and above. Strong HFT selling pressure can be seen today at 113.39 and above.
Light HFT buying pressure noted at 110.68 and below. Medium HFT buying pressure noted at 109.77 and below. Strong HFT buying pressure can be seen today at 108.86 and below.
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