USD/JPY: Reached Light HFT Selling Pressure Zone Noted Today At 112.95
FX Trading Revolution | May 08, 2017 04:28AM ET
Currency pair USD/JPY reached on Friday the light HFT buying pressure zone that was noted at 112.16 and below. USD/JPY reacted incredibly accurately and provided very interesting trade opportunities - more than 60 pips bullish move followed.
Today on USD/JPY: The market opened after the weekend with a bullish gap and already reached the light HFT selling pressure zone that is noted today at 112.95 and above. The reaction here was absolutely accurate. Medium HFT selling pressure noted at 113.66 and above. Strong HFT selling pressure can be seen today at 114.38 and above.
Light HFT buying pressure noted at 112.23 and below. Medium HFT buying pressure noted at 111.51 and below. Strong HFT buying pressure can be seen today at 110.80 and below.
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