Forex HFT Signals: USD/JPY May 16, 2017
FX Trading Revolution | May 16, 2017 05:13AM ET
Currency pair USD/JPY reached yesterday the light HFT selling pressure zone that was noted at 113.79 and above. All bullish attempts were stopped very accurately there, more than 60 pips downside move followed and provided very interesting trade opportunities.
Today on USD/JPY: The market already reached the light HFT buying pressure zone noted today at 113.33 and below. Medium HFT buying pressure noted at 112.62 and below. Strong HFT buying pressure can be seen today at 111.91 and below.
Light HFT selling pressure noted at 114.04 and above. Medium HFT selling pressure noted at 114.75 and above. Strong HFT selling pressure can be seen today at 115.46 and above.
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